Gem corp. purchased all the assets of a sole proprietorship, including the following intangible assets: goodwill$50,000covenant not to compete13,000for tax purposes, what amount of these purchased intangible assets should gem amortize over the specific statutory cost recovery period?

oh my god you are going so many marks marks i don't want to give you answers sorry

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.