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Determine the copyright amortization expense

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Question - On January 1, 2017, Cullumber Company purchased a copyright for $2436000, having an estimated useful life of 16 years. In January 2021, Cullumber paid $363000 for legal fees in a successful defense of the copyright. Determine the copyright amortization expense for the year ended December 31, 2021?

a. $0.

b. $152250.

c. $174938.

d. $182500.

Reference no: EM132937487

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