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please hurry! The Skelton Company purchased a Chick-fil-A franchise for $1,500,000. The franchise has a legal life per the contract of 25 years, however the

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The Skelton Company purchased a Chick-fil-A franchise for $1,500,000. The franchise has a legal life per the contract of 25 years, however the Skelton Company believes its useful life is 20 years. The franchise has no salvage value. The annual amortization expense for the franchise is: $60.000 $75.000 50 $1.500.000

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