Saved

$4$

Problem $5-17($Static$)($LO $5-3,5-4,5-5)$

$4$

points

Skipped

Akron, Incorporated, owns all outstanding stock of Toledo Corporation. Amortization expense of $$15,000$ per year for patented technology resulted from the original acquisition. For $2024,$ the companies had the following account balances:

$\backslash$table$[[$Items$,$Akron,Toledo$],[$Sales$,$$$1,100,000,$$$600,000$