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On January 2, 2014, Klein Co. bought a trademark from Royce, Inc. for $1,600,000. An independent research company estimated that the remaining useful life of

On January 2, 2014, Klein Co. bought a trademark from Royce, Inc. for $1,600,000. An independent research company estimated that the remaining useful life of the trademark was 10 years. Its unamortized cost on Royce

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