Mark me brainiest
Personal Purchases.
Mercantile Purchasing.
Industrial Purchasing.
Institutionalized or government purchasing.
Set savings and debt payoff goals
Answer:
The annual amortization expense for 2019 will be $35000.
Explanation:
The amortization expense for the patent calculated based on the useful life of patent. The purchase of value of $235000 plus $10000 gives the total value of $245000 while use the patent of 7 years.
The formula for amortization expense = (Cost of patent - Residual value ) / Useful life of patent)
amortization expense = ($245000-0)/7 = $35000
The legal life would not count due patent in business use for limited life compare to legal life of patent.
1: A-merge
2: B- possible misspelled word
3: A- spark line
4: B
5: C- moves down one cell
