Book Show Me How Calculator mpaired Goodwill and Amortization of Patent On April 1, a patent with an estimated useful economic life of 12 years was acquired for $86,400. In addition, on December 31, it was estimated that goodwill of $50,500 was impaired. Record the acquisition of patent. If an amount box does not require an entry, leave it blank Fack hits. Do not round intermediate calculations. If an amount box does not require an entry, leave thank b. Journal thea ting entry on December 31 for the amortization of the patent Dec. 21 Amortation Experte Patents O O c. Journal te s ting entry on December 31 for the impared goodwill an amount box does not require an entry, leave it blank. Los from m ed Good Goodwill