Smitty Museum purchased the copyright to a piece of artwork for $922,000.Smitty plans to reproduce 1.8 million posters of the artwork over a period of 12 years.Calculate the amortization for the year assuming the Museum plans to reproduce and sell 130,000 posters the first year.
A) $78,633
B) $76,833
C) $66,589
D) $74,125
E) $ 0,copyrights are not amortized.
Correct Answer:
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