Question: select which answer DT Corp purchases a patent from JD Co. on 1/1/15 for $64,000. The patent has a remaining legal life of 16 years.

select which answer

DT Corp purchases a patent from JD Co. on 1/1/15 for $64,000. The patent has a remaining legal life of 16 years. DT Corp feels the patent will be useful for 10 years. How much patent amortization expense will DT Corp have for 2015?

3,200

4,000

6,400

64,000

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