On january 1 2015 ted purchased a small software company


On January 1, 2015, Ted purchased a small software company for $200,000. He paid $120,000 for the fixed assets of the company and $80,000 for goodwill. How much amortization may Ted deduct on his 2015 tax return for the purchased goodwill?

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Financial Accounting: On january 1 2015 ted purchased a small software company
Reference No:- TGS01698229

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