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    Intermediate Accounting Study Set 1
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    Exam 9: Intangible Assets, Goodwill, Mineral Resources, and Government Grants
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    Patent Corp
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Patent Corp

Question 44

Question 44

Multiple Choice

Patent Corp., a publicly accountable entity, purchased the following assets: Patent Corp., a publicly accountable entity, purchased the following assets:   How much, if any, of the costs can be capitalized as intangible assets? A) $0 B) $30,000 C) $62,000 D) $77,000 How much, if any, of the costs can be capitalized as intangible assets?


A) $0
B) $30,000
C) $62,000
D) $77,000

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