Business, 20.03.2020 12:34, aliami0306oyaj0n

These are selected 2017 transactions for Blue Corporation: Jan. 1 Purchased a copyright for $79,500. The copyright has a useful life of 5 years and a remaining legal life of 31 years. Mar. 1 Purchased a patent with an estimated useful life of 5 years and a legal life of 21 years for $112,800. Sept. 1 Purchased a small company and recorded goodwill of $150,200. Its useful life is indefinite. Indicate the amount of amortization expense on December 31, 2017, for Blue Corporation. Amortization expense $

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These are selected 2017 transactions for Blue Corporation: Jan. 1 Purchased a copyright for $79,500....