What would is the total amortization expense

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Ted bought a copyright in the current year for his business. Purchased the copyright on July 15th for $78,000. The remaining life on the patent is 75 months, what would is the total amortization expense he could deduct during the current year?

Reference no: EM13508533

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What would is the total amortization expense : Ted bought a copyright in the current year for his business. Purchased the copyright on July 15th for $78,000. The remaining life on the patent is 75 months, what would is the total amortization expense he could deduct during the current year..
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