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The company has acquired copyrights for 10 years for RM 3.8m for works of literature. I The company estimates these Wili be commercially Viable for

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The company has acquired copyrights for 10 years for RM 3.8m for works of literature. I The company estimates these Wili be commercially Viable for 8 years. (6 marks) During the year Gideon purchased patents for RM 50,000. These are expected to last for 10 years. The company does not Wish to amortise them as they consider the value in use to be RM 60,000. (7 marks) ired

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