Calculate the amortization

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Q. Ignore the response for part (b), calculate the 2011 amortization and the 12/31/11 book value, assuming which the beginning of 2011, based on new market research, Reymont find outs which fair value of the trade name is $16,000. Estimated total future cash flows from the trade name is $17,000 on January 3, 2011.

Reference no: EM1390772

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