On July 1, 2017, Linden Company Purchased the Copyright to Norman

question 30

Multiple Choice

On July 1, 2017, Linden Company purchased the copyright to Norman Computer Tutorials for $210,000. It is estimated that the copyright will have a useful life of 5 years. The amount of amortization expense recognized for the year 2017 would be

• A)$42,000.
• B)$19,687.
• C)$38,850.
• D)$21,000.

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