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On July 1, 2022 Wildfell purchased a patent for a pump that details a novel system to drain swamp land. The purchase price of the

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On July 1, 2022 Wildfell purchased a patent for a pump that details a novel system to drain swamp land. The purchase price of the patent was $40,000, and at the time of the purchase there were 10 years left before the patent's expiration. What is the amount of Amortization Expense that Wildfell should record with respect to this patent in 2022? Enter your answer as a number with no additional symbols or punctuation .e.g. 5000 1 points QUESTION 10 On April 1 of Year 1 , Sophie Mopey Company buys a truck for $150,000 and estimates it has a useful life of 8 years and a salvage value of

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