Business
Business, 26.11.2019 20:31, halohero7

Berry co. purchases a patent on january 1, 2021, for $33,000 and the patent has an expected useful life of five years with no residual value. assuming berry co. uses the straight-line method, what is the amortization expense for the year ended december 31, 2022?

a. $0.
b. $33,000.
c. $6,600.
d. $13,200.

answer
Answers: 1

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Berry co. purchases a patent on january 1, 2021, for $33,000 and the patent has an expected useful l...

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