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On October 1, 2023, Pelotech Inc. (a calendar year end business) purchased a patent that costs $126,000 and estimates its remaining useful life to be

On October 1, 2023, 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, 2023

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