Springer Company had three intangible assets at the end of 2023 (end of the accounting year):
a. A copyright purchased on January 1, 2023, for a cash cost of $14,500. The copyright is expected to have a 10-year useful life to Springer.
b. Goodwill of $65,000 from the purchase of the Hartford Company on July 1, 2022.
c. A patent purchased on January 1, 2022, for $48,000. The inventor had registered the patent with the U.S. Patent and Trademark Office on January 1, 2018. Springer intends to use the patent for its remaining life.

Required:
1. Compute the amortization of each intangible at December 31, 2023. The company does not use contra-accounts.
2. Show how these assets and any related expenses should be reported on the balance sheet and income statement for 2023. (Assume there has been no impairment of goodwill.)