Question: Kileso, Intermediate Accounting, 16e CALCULATOR PRINTER VERSION 'BACK NEXT Practice Question 30 Bryson Corporation purchased a limited-life intangible asset for $1,162,500 on May 1, 2015.

Kileso, Intermediate Accounting, 16e CALCULATOR PRINTER VERSION 'BACK NEXT Practice Question 30 Bryson Corporation purchased a limited-life intangible asset for $1,162,500 on May 1, 2015. It has a remaining useful life of 15 years. What total amount of amortization expense should have been recorded on the intangible asset by December 31, 2017 (If necessary, round your answer to the nearest dollar)? $155,000 O $129,107 o $206.67

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