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Sunland Corporation purchased a limited-life intangible asset for $357000 on May 1, 2019. It has...

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Accounting

Sunland Corporation purchased a limited-life intangible asset for $357000 on May 1, 2019. It has a useful life of 10 years. What total amount of amortization expense should have been recorded on the intangible asset by December 31, 2021?

$ 0

$95200

$71400

$107100

Answer & Explanation Solved by verified expert
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