Amortization of Intangibles For each of the following intangible assets, indicate the amount of amortization expense that should be recorded for the year 2017 and the amount of accumulated amortization on the balance sheet as of December 31, 2017 Trademark Patent Copyright Date of purchase Useful life $40,200 1/1/10 indefinite undefined SL $48,400 $80,000 1/1/12 1/1/15 10 yrs. 20 yrs. 20 yrs. 50 yrs. SL SL Legal life Method "Represents the straight line method. If an amount is zero, enter "0" Amount Trademark Copyright 2017 amortization expense Accumulated amortization, Dec. 31, 2017