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These are selected 2022 transactions for Bridgeport Corporation.Jan. 1 Purchased a small company and recorded goodwill of $162,000.Its useful life is indefinite. May 1 Purchased

These are selected 2022 transactions for Bridgeport Corporation.Jan. 1 Purchased a small company and recorded goodwill of $162,000.Its useful life is indefinite. May 1 Purchased a patent with anest Jan. 1 Purchased a small company and recorded good will of \\( \\$ 162,000 \\). Its useful life is indefinite. May 1 Purchased a patent with an estimated useful life of 5 years and a legal life of 18 2 answers

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