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Need help with this thank you! Celine Dion Corporation purchases a patent from Salmon Company on January 1, 2014, for $73,470. The patent has a

image text in transcribedNeed help with this thank you!

Celine Dion Corporation purchases a patent from Salmon Company on January 1, 2014, for $73,470. The patent has a remaining legal life of 15 years. Celine Dion feels the patent will be useful for 10 years. Prepare Celine Dion's journal entries to record the purchase of the patent and 2014 amortization

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