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Virginia Corp. has estimated that total depreciation expense for the year ending December 31, 2014 will amount to $1,280,000, total amortization expense for that period
Virginia Corp. has estimated that total depreciation expense for the year ending December 31, 2014 will amount to $1,280,000, total amortization expense for that period will be $420,000, and employee bonuses for the period will total $320,000. In Virginias interim income statement for the six months ended June 30, 2014, what is the total amount of expense relating to this item that should be reported?
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