Bluestone Company had three intangible assets at the end of the current year:

a.	A patent purchased this year fromMiller Co. on January 1 for a cash cost of $3,200. When purchased, the patent had an estimated life of 8 years.
b.	A trademark was registered with the federal government for $6,000. Management estimated that the trademark could be worth as much as $160,000 because it has an indefinite life.
c.	Computer licensing rights were purchased this year on January 1 for $66,000. The rights are expected to have a six-year useful life to the company.

please see the attached files.