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Question 19 0.5 pts At the start of the current year, a company paid for the following in cash: Copyrights, $200,000 Equipment, $25,000,000 Goodwill. $3,500,000
Question 19 0.5 pts At the start of the current year, a company paid for the following in cash: Copyrights, $200,000 Equipment, $25,000,000 Goodwill. $3,500,000 Inventory $1,500,000 Land, $15,000,000 Patents, $1,000,000 Research and development, $1,500,000 Supplies, $1,500,000 Trademarks, $1,200,000 It amortizes its intangibles over 10 years. Determine its current year amortization expense. 0 $4,700.000 $470,000 O $120,000 $590.000 $1,200,000
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