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How much is the amortization expense for haiti company

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Reference no: EM132756652

Haiti Company acquired a patent for a drug with a remaining legal and useful life is 6 years on January 1, 2017 for P5,400,000. The entity used straight line amortization. On January 1, 2019, a new patent is received for an improved version of the same drug. The new patent has a legal and useful life of twenty years.

Problem 1: How much is the amortization expense for 2019?

Reference no: EM132756652

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