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On July 1, 2018, Swifty Company purchased the copyright to Jackson Computer tutorials for $321000. It is estimated that the copyright will have a useful

On July 1, 2018, Swifty Company purchased the copyright to Jackson Computer tutorials for $321000. It is estimated that the copyright will have a useful life of 5 years with an estimated salvage value of $24000. The amount of Amortization Expense recognized for the year 2018 would be

$29700.

$59400.

$32100.

$64200.

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