2. Determine the book value of each intangible asset on December 31, 2021 Answer is complete but not entirely correct. Item Book Value Dec 31 2021 5 50.300 22.000 12320 9 000 50,000 5 151 620 Patent Copyright Franchi License Good To book wat c + 3. Asuure that on January 2.2022, the copyrighted item was impaired in its ability to continue to produce strong revenues. The other Intangible assets were not affected. Stan estimated that the copyright would be able to produce future cash flows of $20,000. The fair value of the copyright was determined to be $19.000. Compute the amount of any of the impairment loss to be recorded. Answer is complete but not entirely correct. 20 2. Determine the book value of each intangible asset on December 31, 2021 Answer is complete but not entirely correct. Item Book Value Dec 31 2021 5 50.300 22.000 12320 9 000 50,000 5 151 620 Patent Copyright Franchi License Good To book wat c + 3. Asuure that on January 2.2022, the copyrighted item was impaired in its ability to continue to produce strong revenues. The other Intangible assets were not affected. Stan estimated that the copyright would be able to produce future cash flows of $20,000. The fair value of the copyright was determined to be $19.000. Compute the amount of any of the impairment loss to be recorded. Answer is complete but not entirely correct. 20