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On July 1, 2022, Pharoah Company purchased the copyright to Whispering Winds Corp. for $280000. It is estimated that the copyright will have a useful

On July 1, 2022, Pharoah Company purchased the copyright to Whispering Winds Corp. for $280000. It is estimated that the copyright will have a useful life of 7 years. The amount of amortization expense recognized for the year 2022 would be...

answer: 20,000

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