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Michelle owns a rental property and puts the following intangible assets in service in 2020: Mortgage Closing Costs, in-service 6/15, $12,000, 5 YR life Lease

Michelle owns a rental property and puts the following intangible assets in service in 2020:

Mortgage Closing Costs, in-service 6/15, $12,000, 5 YR life

Lease Commission, in-service 9/30, $25,200, 7 YR life Both are amortizable intangible assets. How much amortization expense can Michelle take in 2020?

a. $2100

b. None of these

c. $2350

d. $2600

e. $6001

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