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please fast Russell Enterprises acquired a franchise from Michael Incorporated for $342,000. The franchise agreement is for a period of six years. Russell uses straight-line

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Russell Enterprises acquired a franchise from Michael Incorporated for $342,000. The franchise agreement is for a period of six years. Russell uses straight-line to amortize all intangible assets. What would be the reported book value of the franchise two years after the purchase? Multiple Choice $342,000, $285,000. 5228,000. Multiple Choice o $342,000. E46 o $285,000. o $228,000. o $114,000

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