People’s experiences can aid them in their careers. Experiences are best described as ways of living that show a person’s beliefs or opinions.
priorities, principles, and beliefs that guide a person’s life.
the factors that have influenced a person in his or her life.
the collection of things a person has done.

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?