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Multiple Choice Question 181 On May 1, 2017, Pharosh Company purchased the copyright to Flounder Corp. for $146400. It is estimated that the copyright will

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Multiple Choice Question 181 On May 1, 2017, Pharosh Company purchased the copyright to Flounder Corp. for $146400. It is estimated that the copyright will have a useful life of 5 years. The amount of amortitation expense recognized for the year 2017 would be $19520. $14640 O $29280. O $15616

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