Question: I need help with this question, my answer was wrong. Thanks ullumber Inc. purchased a patent on January 1,2023 for $540000. Cullumber did not record

I need help with this question, my answer was wrong. Thanks

ullumber Inc. purchased a patent on January 1,2023 for $540000. Cullumber did not record amortization expense on the patent for 023 and 2024. At the purchase date, the expected useful life of the patent was 10 years. Ignoring income tax considerations, what is ne entry made on December 31,2025

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