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On May 1, 2017, Wildhorse Co. purchased the copyright to Swifty Corporation for $140400. It is estimated that the copyright will have a useful life

On May 1, 2017, Wildhorse Co. purchased the copyright to Swifty Corporation for $140400. It is estimated that the copyright will have a useful life of 4 years. The amount of amortization expense recognized for the year 2017 would be

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