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Peck Tech purchased a trademark on 1 July 2017 for $240 000. Economic benefits were expected for 8 years, but the trademark's legal life was
Peck Tech purchased a trademark on 1 July 2017 for $240 000. Economic benefits were expected for 8 years, but the trademark's legal life was 15 years. Also, during 2017/18, Peck's incurred research and development costs of $150 000. The carrying amount of the trademarks at 30 June 2018, is: $300,000 $210,000 $262,500 $360,000
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