What amount should be amortized for year ended

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Q. Alatorre must enter a competitive bidding at end of 2015, it is unlikely that franchise will be retained beyond 2015. What amount should be amortized for year ended December 31, 2007? 3. On January 1, 2007, Alatorre incurred organization costs of $275,000. What amount should be expensed in 2007?

Reference no: EM1369320

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