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Jorge purchased a copyright for use in his business in the current year. The purchase occurred on July 15th and the purchase price was $85,500

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Jorge purchased a copyright for use in his business in the current year. The purchase occurred on July 15th and the purchase price was $85,500 lf the copyright has remaining life of 75 months, what is the total amortization expense Jorge may deduct during the current year? (Assume not in an asset acquisition to which 5197 applies) Multiple Choice $13,680 None of the choices are correct so. $6,840 $6.270

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