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Rich Corporation purchased a limited-life intangible asset for $450,000 on May 1 2019. It has a useful life of 10 years. What total amount of

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Rich Corporation purchased a limited-life intangible asset for $450,000 on May 1 2019. It has a useful life of 10 years. What total amount of amortization expense should have been recorded on the intangible asset by December 31, 2021? a) $90,000 Ob) s O- Oc) $120,000 d) $135,000

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