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On May 1, 2017, Cullumber Company purchased the copyright to Riverbed...

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Accounting

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On May 1, 2017, Cullumber Company purchased the copyright to Riverbed Corp. for $120000. It is estimated that the copyright will have a useful life of 4 years. The amount of amortization expense recognized for the year 2017 would be O $15000 O $30000 $20000 O $16000

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