Descnption Instructons Timed Tes This test has a time limit of 7 hours This test

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Descnption Instructons Timed Tes This test has a time limit of 7 hours This test will save and submit automatically when the time expires Warrings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain Multiple Attempts Not allowed. This test can only be taken once Force Complotion This test can be saved and resumed at any point until time has expired The timer will continue to run if you leave the tes Remaining Time: 6 hours, 40 minutes, 38 seconds Question Completion Stabus: Close Window > Mong t anther question will save this response Queston 37 of 73 ) Question 37 1.4 points Save Answer On candary i 20:s, Ted purchased a sall sofevare oopany tor 200,000. He paid :20,000 tor the tixed assecs of gooavsi1. Hew mueh anoreizaion may Ted dedact on his 2015 cax zetorn tor the purehased goodw:li? the company and 39,000 Eor b 83.000 od se,0oo Oe sso,000 sae this eesponse Qestion 37 of 73 Moing to another queston w Close Window s/9/201 DXOLL

Explanation / Answer

The anser is oprtion a $0, as in the first year Ted cannot claim amortization deduction on goodwill.

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