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Keen Company acquired catons ights Year 4, Kleen successtuly defended the petent in a lnwsut at a ccst of $39,600. on January 10 of Yoar

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Keen Company acquired catons ights Year 4, Kleen successtuly defended the petent in a lnwsut at a ccst of $39,600. on January 10 of Yoar 1 for $882,000. The patont has a usetut lit oqual to ts legal lite of eight years. On January 7 of a Determ?? the patent amontato, expense tr ??.r4e0ed December 31. b. Joumalize the adjusting entry on December 31 of Year 4 to recognize the amortization Rotor to the Chart of Accounts for exact wording of account teles Check My Work Previcus Next 6 8 9 0

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