Amortization Expense For each of the following unrelated situations, calculate the annual mortisation expenses . A patent with a 15 year remaining legal life was purchased for 51,071.000. The patent will be commercially exploitable for another seven years. . A patent was acquired on a device designed by a production worker. Alsough the cost of the potent to date constate of 5152.280 in tegol fees for handling the patent application the patent should be commercially valuable during its entire remaining legal life of 18 years and is currently worth $1,296.000) c. A franchise granting exclusive distributions for a new wind turbine within a tree site area for four years was obtained at a cost of $119.520.5atisfactory sales performance over the four years permit renewal of the franchise for another four years latin aditional cost determined at renewal Annual expone >