Multiple Choice
On May 1, 2014, Irwin Company purchased the copyright to Quick Computer Tutorials for $90,000. It is estimated that the copyright will have a useful life of 5 years. The amount of amortization expense recognized for the year 2014 would be
A) $18,000.
B) $12,000.
C) $9,000.
D) $9,600.
Correct Answer:
Verified
Correct Answer:
Verified
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