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Business, 21.11.2019 22:31 bm42400

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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Springer company had three intangible assets at the end of 2017 (end of the accounting year)
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