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On January 1, 2021. Tabitha Designs purchased a patent for $348.000 giving it exclusive rights to manufacture a new type of synthetic clothing. While the

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On January 1, 2021. Tabitha Designs purchased a patent for $348.000 giving it exclusive rights to manufacture a new type of synthetic clothing. While the patent had a remaining legal life of 15 years at the time of purchase, Tabithe expects the useful life to be only eight more years. In addition, Tabitha purchased equipment related to production of the new clothing for $152,000. The equipment has a physical life of 10 years, but Tabitha plans to use the equipment only over the patent's service life and then soll it for an estimated $22,000 Tabitha uses straightline for all long-term assets. The amount to experts in 2024 related to the potent and equipment should be Multiple Choice $44.000 $41.800 $59.750 539,450

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