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Oliver an insurance agent and sole practitioner decided to sell his insurance agency to grace. under the terms of the sales agreement grace paid 8,000

Oliver an insurance agent and sole practitioner decided to sell his insurance agency to grace. under the terms of the sales agreement grace paid 8,000 for the goodwill that Oliver had garnered throughout his insurance career. the purchase was completed on March 3, 2021. what is grace's 2021 deduction for amortization?

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