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On October 1, 2019, Priscilla purchased a business of the purchase price,'$70,000 is allocated to a patent and $120,000 to goodwill. If required, round your

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On October 1, 2019, Priscilla purchased a business of the purchase price,'$70,000 is allocated to a patent and $120,000 to goodwill. If required, round your intermediate values to nearest dollar and use in subsequent computations. Calculate Priscilla's 2019 $ 197 amortization deduction $ 7,417 x Check My Wor Taxpayers can daim an amortization deduction on intangible assets called "amortizable 5 197 intangibles." Ched My Work 1 more Check My Work remaining | 8 9 0

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