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Taylor Lewis Company has provided information on intangible assets as follows. A patent was purchased from Craig Company for $4,000,000 on June 1, 2015. Lewis
Taylor Lewis Company has provided information on intangible assets as follows. A patent was purchased from Craig Company for $4,000,000 on June 1, 2015. Lewis estimated the remaining useful life of the patent to be eight years. The patent was carried in Craig
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