These are selected 2017 transactions for Grouper Corporation: Jan. 1 Purchased a copyright for $142,800. The copyright has a useful life of 7 years and a remaining legal life of 33 years.
Mar. 1 Purchased a patent with an estimated useful life of 6 years and a legal life of 21 years for $88,200.
Sept. 1 Purchased a small company and recorded goodwill of $152,200. Its useful life is indefinite.

Required:
Prepare all adjusting entries at December 31 to record amortization required by the events.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.