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What is the amortization expense

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Question - As required under IFRS, Btown expenses research outlays when incurred. The following table provides an overview of Btown's research outlays (outlays occur evenly over the year):

 

2017

2018

2019

2020

2021

2022

Outlays

€6,000

€8,000

€12,000

€10,000

€12,500

€15,000

An analyst wants to adjust Btown's financial statements by capitalizing the company's research outlays and amortize them over 4.5 years. Btown's tax rate is 30%. What is the amortization expense that the analyst should record in the ending 2022 income statement?

Reference no: EM133053957

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