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On November 1, 2022, Pelotech Inc. (a calendar year end business) purchased a patent that costs $126,000 and estimates its remaining useful life to be

On November 1, 2022, Pelotech Inc. (a calendar year end business) purchased a patent that costs $126,000 and estimates its remaining useful life to be 15 years. Compute amortization expense for the year ended December 31, 2022

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