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On October 1, 2021, Vernica purchased a business. Of the purchase price, $102,000 is allocated to a patent and $612,000 to goodwill. If required, round

On October 1, 2021, Vernica purchased a business. Of the purchase price, $102,000 is allocated to a patent and $612,000 to goodwill.

If required, round your intermediate values to nearest dollar and use in subsequent computations.

Calculate Vernica's 2021 197 amortization deduction.

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