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Business, 04.08.2019 23:10 triddi666

On january 2, 2019, adelphi company purchased a patent for $235,000 plus
$10,000 in legal fees. on that date, the patent had a remaining legal life of 13 years.
adelphi company expects to use the patent for 7 years after which time it will be
worthless. how much is the annual amortization expense for 2019? round to
nearest whole dollar.

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Answers: 2

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On january 2, 2019, adelphi company purchased a patent for $235,000 plus
$10,000 in legal fees...
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