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How much would lexicon record as amortization expense

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Question - Lexicon Inc. bought a patent for $600,000 011 January 2, 2001, at which time the patent had an estimated useful life of ten years. On February 2, 2004, it was determined that the patent's useful life would expire at the end of 2007. How much would Lexicon record as amortization expense for this patent for the year ending December 31, 2005?

Reference no: EM133119411

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