What is value after the amortization of the patent

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Question: A patent purchased on January 1, 2022, for $48,000. The inventor had registered the patent with the U.S. Patent and Trademark Office on January 1, 2018. Springer intends to use the patent for its remaining life. What is value after the amortization of the patent for december 31st 2023

Reference no: EM133424605

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