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On July 1, 2022, Wildhorse Co. purchased the copyright to Swifty Corporation for $600000. It is estimated that the copyright will have a useful life

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On July 1, 2022, Wildhorse Co. purchased the copyright to Swifty Corporation for $600000. It is estimated that the copyright will have a useful life of 6 years. The amount of amortization expense recognized for the year 2022 would be $48687 $100000. $50000. $92500

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