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Due to the quickly changing technology associated with the

1. On January 1, 2014, Teeple Corporation acquired a patent for $30,000. Due to the quickly changing technology associated with the patent, Teeple is amortizing the cost of the patent over 5 years. What portion of the patent cost will Temple defer to years subsequent to 2014?

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Financial Accounting: Due to the quickly changing technology associated with the

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