Cullumber Corporation has the following account balances at 12/31/18: Amortization expense $26000 Goodwill 292000 Patent,...
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Accounting
Cullumber Corporation has the following account balances at 12/31/18: Amortization expense $26000 Goodwill 292000 Patent, net of $66000 amortization 172000 What amount should Cullumber report for intangible assets on the 12/31/18 balance sheet?
A $226000
B $490000
C $172000
D $464000
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