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What the copyright amortization expense for the year

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Question - On January 1, 2000, ABC Company purchased a copyright for P600,000, having an estimated useful life of 16 years. In January 2004, Watts paid P90,000 for legal fees in a successful defense of the copyright. What the copyright amortization expense for the year ended December 31, 2004?

Reference no: EM133180165

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