On January 1, 2014, Keebler Company purchased the copyright to Bodine Computer Tutorials for $81,000. It is estimated that the copyright will have a useful life of 5 years with an estimated residual value of $6,000. The amount of amortization expense recognized for the year 2014 would be
A) $16,200.
B) $7,500.
C) $15,000.
D) $8,100.
Correct Answer:
Verified
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