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Business, 26.06.2020 16:01 bestgamer7373

In early January 2019, Blue Corporation applied for a trade name, incurring legal costs of $15,400. In January 2020, Blue incurred $8,100 of legal fees in a successful defense of its trade name. Compute 2019 amortization, 12/31/19 book value, 2020 amortization, and 12/31/20 book value if the company amortizes the trade name over 10 years.

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In early January 2019, Blue Corporation applied for a trade name, incurring legal costs of $15,400....

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