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the acquisition of the new ERP system. 16.15 Kaltenheuser Corporation purchased a patent with a 17-year legal life and an 8-year useful life. The

the acquisition of the new ERP system. 16.15 Kaltenheuser Corporation purchased a patent with a 17-year legal life and an 8-year useful life. The patent cost $40,000. What is the amortization expense each year if Kaltenheuser uses the straight-line method? 16.16 Refer to E16.15. How would the patent appear on Kaltenheuser's balance choot of

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