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On January 3, 2021, Tracer incorporated purchased a patent for $504,000 to mature a new type of cha Theerthane years. Tracer plans to manufacture the
On January 3, 2021, Tracer incorporated purchased a patent for $504,000 to mature a new type of cha Theerthane years. Tracer plans to manufacture the chair for eight years and then the patient for 58.000 The company amortis ang straight line method On December 29,2023, Tracer decides to set the patent for $355.000. Assuming the company has become is the gain or loss recorded on the sale of the patent? Me Choc $14.500 S81625 oss $14.500 loss 11000 g 3H
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