To measure amortization for a property, plant, and equipment asset, all of the following must be known except:

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Amortization typically involves spreading the cost of an asset over its estimated useful life. It requires knowing the asset's historical cost, its estimated useful life, and its estimated residual value at the end of that life. The current market value is not necessary for calculating amortization.

To Measure Amortization for a Property, Plant, and Equipment Asset