Homework Answers
Amortisation from Jan 1, 2015 till Jan 5, 2018 (3 years) = $78,000 X 3/12 = $19,500
Book value of copyright on Jan 5, 2018 = $78,000 - $19,500 = $58,500
Remaining life from Jan 5, 2018 to 2021 is 4 years
Amortisation in 2018 = $58,500 / 4 = $14,625
3rd option
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