At the end of 20X1, Wolfpack Corp. amortized a portion of one of its intangible asset's cost. Question: All else being equal, what is the effect of the amortization journal entry on the 20X1 financial statements? Also, answer the "Accounting Check" question that follows. There are four spaces to answer below. Net Income Assets Liabilities Owners' Equity Answer 1 Question 14 Answer 2 Question 14 Answer 3 Question 14 Answer 4 Question 14 Accounting Check: Do the effects on the balance sheet equation keep the balance sheet in balance? You should be answering "yes" to this