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On July 1, 2022, Carla Vista Co. purchased the copyright to Martinez Corp. for $360000. It is estimated that the copyright will have a useful

On July 1, 2022, Carla Vista Co. purchased the copyright to Martinez Corp. for $360000. It is estimated that the copyright will have a useful life of 5 years. The amount of amortization expense recognized for the year 2022 would be

$36000.

$66600.

$34687.

$72000.

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