Question: Exercise 8 - 2 6 ( Algorithmic ) ( LO . 7 ) On October 1 , 2 0 2 2 , Ver nica purchased

Exercise 8-26(Algorithmic)(LO.7)
On October 1,2022, Vernica purchased a business. Of the purchase price, $82,000 is allocated to a patent and $492,000 to goodwill.
If required, round your intermediate values to nearest dollar and use in subsequent computations.
Calculate Vernica's 2022197 amortization deduction.
Exercise 8-26(Algorithmic)(LO.7) On October 1,2022, Vernica purchased a business. Of the

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