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Assignment vod Help Seve El Check ! Required information The following information applies to the...

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Accounting

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Assignment vod Help Seve El Check ! Required information The following information applies to the questions displayed below) On January 1, 2021. Weaver Corporation purchased a patent for $237,000. The remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. In January 2023, the company incurred legal fees of $57,000 in successfully defending a patent infringement suit. The successful defense did not change the company's estimate of useful life Weaver Corporation's year-end is December 31 2. What is the balance in the Patent account at the end of 2023? Balance in the Patents account SER 83'F 199 O earch

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