Ashley incurred $10,000 in R&D costs to develop a specialized product during October of year 1. Ashley spent $5,000 in legal fees to receive a patent for the product in July of year 2. Ashley elected to capitalize and amortize the R&D costs over 60 months, and she expects the patent to have a 10-year life. What is Ashley's amortization in year 1 and year 2? Hint: Any unamortized amount of R&D costs must be capitalized into the cost of a patent. (0.5 pts each, 1 pt total) a. Year 1 amortization: b. Year 2 amortization: The R&D costs should only be amortized for the first 6 months of year, and any remaining basis will then get capitalized with the patent cost. The combined basis will then be amortized for the final 6 months of the year.