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Natali5045456 [20]
4 years ago
13

On January 1, 2021, Weaver Corporation purchased a patent for $252,000. The remaining legal life is 20 years, but the company es

timates the patent will be useful for only six more years. In January 2023, the company incurred legal fees of $72,000 in successfully defending a patent infringement suit. The successful defense did not change the company’s estimate of useful life. Weaver Corporation’s year-end is December 31.
Business
1 answer:
Snowcat [4.5K]4 years ago
8 0

Answer:

Explanation:

the file attached shows the whole solution

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