On July 1, 2010, Jenks Company purchased the copyright to Jackson Computer tutorials for $162,000. It is estimated that the copyright will have a useful life of 5 years with an estimated salvage value of $12,000. The amount of Amortization Expense recognized for the year 2010 would be
A) $32,400.
B) $15,000.
C) $30,000.
D) $16,200.

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The Answer of On July 1, 2010, Jenks Company purchased the copyright to Jackson Computer tutorials for $162,000. It is estimated that the copyright will have a useful life of 5 years with an estimated salvage value of $12,000. The amount of Amortization Expense recognized for the year 2010 would be
A) $32,400.
B) $15,000.
C) $30,000.
D) $16,200.

On July 1, 2010, Jenks Company Purchased the Copyright to Jackson