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ACC 557 Problem 9-7A

ACC 557 Problem 9-7A

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ACC 557 Problem 9-7A

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Problem 9-7A (Part Level Submission)

The intangible assets section of Glover Company at December 31, 2013, is presented below.

Patents ($77,200 cost less $7,720 amortization)

$69,480

Franchises ($39,900 cost less $15,960 amortization)

23,940

    Total

$93,420

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