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Testbank Multiple Choice Question 90 Pharoah Corporation purchased a limited-life intangible asset for $426000 on May 1, 2019. It has a useful life of 10

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Testbank Multiple Choice Question 90 Pharoah Corporation purchased a limited-life intangible asset for $426000 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? 50 $85200 $113600 5127800 Click if you would like to Show Work for this question: Dren Show Work

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