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You are examining the financial statements of a company. You observe patent amortization expense of $1.5 million and a loss on impairment of goodwill for

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You are examining the financial statements of a company. You observe patent amortization expense of $1.5 million and a loss on impairment of goodwill for $25 million. Describe how the accountants arrived at these amounts. Interpret any information provided by these disclosures

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