During the year, Cactus Company spent $120,000 on research and development costs that led to the development

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During the year, Cactus Company spent $120,000 on research and development costs that led to the development of a patent for a new product that was registered on July 1st. Cactus paid $60,000 in legal fees to register the patent. The patent has a legal life of 20 years and a useful life of 6 years. What is the amount of amortization expense Cactus will record this year