a patent costing 500000 was purchased on july 1
A patent costing $500,000 was purchased on July 1. The company expects the patent to be useful for 5 years. How much amortization expense is reconized on December 31?
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a patent costing 500000 was purchased on july 1 the company expects the patent to be useful for 5 years how much amortization expense is reconized on
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