Current Attempt in Progress Bridgeport Inc. bought an internet domain name by issuing a $222,000, 6-year, non-interest-bearing note to Ti-Mine Corp. with an effective yield of 10%. The note is repavable in 6 annual payments of $37.000 made at the end of each year. Click here to view Table A.4 - PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 Prepare the journal entry to record the purchase o he intangible asset.

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