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. These are selected 2022 transactions for Pina Colada Corporation. Jan. 1 Purchased a small company and recorded goodwill of $174,000. Its useful life is

. These are selected 2022 transactions for Pina Colada Corporation. Jan. 1 Purchased a small company and recorded goodwill of $174,000. Its useful life is indefinite. May 1 Purchased a patent with a...

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