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On May 1, 2022. Crane Company purchased the copyright to Pronghorn Corp. for $90000. It is estimated that the copyright will have a useful life

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On May 1, 2022. Crane Company purchased the copyright to Pronghorn Corp. for $90000. It is estimated that the copyright will have a useful life of 4 years. The amount of amortization expense recognized for the year 2022 would be $22500. $15000 $12000 $11250

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