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On May 1, 2017, Ivanhoe Company purchased the copyright to Sarasota Corp. for $141600. It is estimated that the copyright will have a useful life

On May 1, 2017, Ivanhoe Company purchased the copyright to Sarasota Corp. for $141600. It is estimated that the copyright will have a useful life of 5 years. The amount of amortization expense recognized for the year 2017 would be $28320. O $18880. $14160. $15104

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