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On January 1 , 2 0 2 4 , Cullumber Company purchased an intangible asset with a cost of $ 4 8 6 0 0
On January Cullumber Company purchased an intangible asset with a cost of $ The asset has a useful life of years.
Assuming the straightline method is used, what total amount of amortization expense should have been recorded on the intangible
asset by December
$
$
$
$
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