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  3. 4. part a. google acquired the assets of a small c

4. Part a. Google acquired the assets of a small company on May 1, 2015...

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Accounting

4. Part a. Google acquired the assets of a small company on May 1, 2015 for $20 million where $3 million of it was ultimately allocated to the tax basis of a patent the small company had held. At the date of purchase, the patent had a remaining life (until the patents expiration date) of exactly 5 years (60 months). What was the total amount of amortization that Google can recognize in 2015 for the patent?

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