Amortization of Intangibles For each of the following intangible assets, indicate the amount of amortization expense that should be recorded for the year 2010 and the amount of accumulated amortization on the balance sheet as of December 31, 2010.

Trademark Patent Copyright Cost $40,000 $50,000 $80,000 Date of purchase 1/1/03 1/1/05 1/1/08 Useful life indefi nite 10 yrs. 20 yrs.

Legal life undefi ned 20 yrs. 50 yrs.

Method SL* SL SL AppendixLO1