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What is the equation to find the total

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Reference no: EM132520142

Question - These are selected 2017 transactions for Culver Corporation:

Jan. 1 Purchased a copyright for $147,000. The copyright has a useful life of 6 years and a remaining legal life of 31 years.

Mar. 1 Purchased a patent with an estimated useful life of 5 years and a legal life of 20 years for $108,300.

Sept. 1 Purchased a small company and recorded goodwill of $154,700. Its useful life is indefinite.

Indicate the amount of amortization expense on December 31, 2017, for Culver Corporation.

What is the equation to find the total?

Reference no: EM132520142

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