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Compute the amount of amortization expense recognized

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Question - On July 1, 2018, Swifty Company purchased the copyright to Jackson Computer tutorials for $335000. It is estimated that the copyright will have a useful life of 5 years with an estimated salvage value of $26000. The amount of Amortization Expense recognized for the year 2018 would be

$67000.

$30900.

$61800.

$33500.

Reference no: EM131828475

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