Brief Exercise 11-11 (Algo) Amortization; Partial periods (LO11-4) On June 28, Lexicon Corporation acquired 100% of the common stock of Gulf & Eastern. The purchase price allocation included the following items: $4.1 million, patent; $3.1 million, developed technology: $2.1 million, indefinite-life trademark; $5.1 million, goodwill. Lexicon's policy is to amortize intangible assets using the straight-line method, no residual value, and a five-year useful life. What is the total amount of expenses (ignoring taxes) that would appear in Lexicon's income statement for the year ended December 31 related to these items? (Enter your answers in whole dollars.) Cost Select Amortization expense in current (partial) year Patent Developed technology 4,100,000 3,100,000 2.100.000l Amortized Amortized Not amortized Not amortized Indefinite-Ife trademark Goodwill Total amortization expense- current year 5,100,000