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Business, 12.11.2019 03:31 amberpublow7

Bricktown exchange purchases a copyright for $50,000. the copyright has a remaining legal life of 25 years, but only an expected useful life of five years with no residual value. assume the company uses the straight-line method to record amortization. what is the carrying value of the copyright at the end of the first year?
a. $0.
b. $2,000.
c. $3,333.
d. $10,000.

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