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Practice Question 44 Given the following account balances at year end, how much is amortization expense on Anisha Enterprises income statement for the current year

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Practice Question 44 Given the following account balances at year end, how much is amortization expense on Anisha Enterprises income statement for the current year if Anisha thinks all of its intangibles should be amortized over ten years? Sales revenue Patents Accounts receivable Land Equipment Copyrights Goodwill Research & development $45,000,000 1,500,000 4,000,000 15,000,000 25,000,000 1,000,000 4,500,000 2,000,000 a. $250,000 b. Some other answer C. $700,000 d. $900,000

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