Carla Vista Company purchased a patent on January 1,2025 for $682000. The patent had a...

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Accounting

Carla Vista Company purchased a patent on January 1,2025 for $682000. The patent had a remaining useful life of 10 years at that date. Carla Vista uses straight-line amortization for its intangible assets. In January of 2026, Carla Vista successfully defends the patent at a cost of $296400, extending the patent's life to 1231?37. What amount of amortization expense would Carla Vista record in 2026?
$75850
$68200
$101425
$80850
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