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On January 1, 2007, Barry Company Purchased for $600,000, a Trademark

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On January 1, 2007, Barry Company purchased for $600,000, a trademark with an estimated useful life of 16 years. In January 2011, Barry paid $90,000 for legal fees in a successful defense of the trademark. Trademark amortization expense for the year ended December 31, 2011, should be


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