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Hepburn Company bought a copyright for $75,900 on January 1, 2013, at which time the...

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Accounting

Hepburn Company bought a copyright for $75,900 on January 1, 2013, at which time the copyright had an estimated useful life of 11 years. On January 5, 2016, the company determined that the copyright would expire at the end of 2021. How much should Hepburn record as amortization expense for this copyright for 2016? Multiple Choice

A. 1,380

B. 6,900

C. 460

D. 9,200

Answer:_________

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