Rich corporation purchased a limited life intangible asset for $270,000 on may 1, 2010. it has a useful life of 10 years. what total amount of amortization expense should have been recorded on the intangible asset by december 31, 2012?

A principal objective to the straight line method of depreciation is that it

a. provides for the declining productivity of an aging asset b. ignores variations in the rate of asset use c. tends to result in a constant rate of return on a diminishing investment base d. gives smaller period write-offs than decreasing charge methods

Briefly describe how the demographic makeup of the United States is changing

What will be an ideal response?