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What should bradley record as patent amortization

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1. A patent with a remaining legal life of 12 years and an estimated useful life of 8 years was acquired for $288,000 by Bradley Corporation on January 2, 2010. In January 2014, Bradley paid $18,000 in legal fees in a successful defense of the patent. What should Bradley record as patent amortization for 2014?

 

Reference no: EM13872263

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