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On January 1 , 2017, Reno Company purchased a copyright for $1,000,000, having an estimated useful life of 16 years. In January 2021 , Reno

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On January 1 , 2017, Reno Company purchased a copyright for $1,000,000, having an estimated useful life of 16 years. In January 2021 , Reno paid $150,000 for legal fees in a successful defense of the copyright. What should be the amount of copyright amortization expense for the year ended December 31,2021

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