Question 15 4.75 pts Pfizer purchased a patent for a Covid-19 vaccine on October 1...
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Accounting
Question 15 4.75 pts Pfizer purchased a patent for a Covid-19 vaccine on October 1 for $6,000,000. The remaining legal life of the patent is 10 years but Pfuer only expects to benefit from the patent for 5 years. No residual value is expected. Assuming the straight-line method is used what is the amortization experse, if any, for the current accounting period year ending on 12/31? Fill in the blank with your calculated number. DO NOT include commas, 5 signs, period. decimal points, etc. just enter the raw ruumber you can round up if needed Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input 24123

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