On june 1, 2019, red corporation purchased an existing business. with respect to the acquired assets of the business, red allocated $300,000 of the purchase price to a patent. the patent will expire in 20 years. determine the total amount that red may amortize for 2019 for the patent

After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model