ABC Corp has been using a 10 year total useful life on a patent which has been employed for 5 years. ABC had purchased it immediately after it was granted from another company for $20,000 which was the only cost to ABC relevant to the patent. At the very beginning of Year 6, ABC successfully defended it at a cost of $26,000 and decided to change the total useful life to its legal life. What is the amortization of the patent in Year 6

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively