Springer company had three intangible assets at the end of 2017 (end of the accounting year)
a...
Springer company had three intangible assets at the end of 2017 (end of the accounting year)
a. copyright purchased on january 1, 2017, for a cash cost of $15,900. the copyright is expected to have a 10-year useful life to springer.
b. goodwill of $79,000 from the purchase of the hartford company on july 1, 2016.
c. a patent purchased on january 1, 2016, for $60,000. the inventor had registered the patent with the u. s. patent office on january 1, 2012.
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