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(tco c.a company acquires a patent for a drug with a remaining legal and useful life of 6 years on january 1, 2009 for $1,800,000. the company uses straight-line amortization for patents. on january 2
(tco
c.a company acquires a patent for a drug with a remaining legal and useful life of 6 years on january 1, 2009 for $1,800,000. the company uses straight-line amortization for patents. on january 2, 2011, a new patent is received for a timed-release version of the same drug. the new patent has a legal and useful life of 20 years. the least amount of amortization that could be recorded in 2011 is