12. -3- The term "Net Book Value" in regards to depreciable Tangible Assets (Fixed Assets) is: (a) (b) (c) (d) Original Cost minus Accumulated Depreciation. Original Cost plus Accumulated Depreciation. Original Cost minus Estimated Salvage (Residual) Value. Original Cost plus Estimated Salvage (Residual) Value. 13. On January 1, 2019, Guevera Company purchased a Patent for $240,000. The original Legal Life of the Patent is twenty (20) years and the remaining Legal Life is twelve (12) years. remaining Useful Life is eight (8) years. The Patent has no (S-0) Estimate Salvage (Residual) Value. The Amortization Expense for the Patent for the year of 2019 is: However, Guevera Company expects the Patent's actual (a) (b) (c) (d) $12,000. $20,000. $30,000. $40,000. ompany purchased the following Assets in