Carla Vista Company purchased a patent on January 1, 2020 for $682000. The patent had a remaining useful life of 10 years at that date. In January of 2021, Carla Vista successfully defends the patent at a cost of $296400, extending the patent's life to 12/31/32. What amount of amortization expense would Carla Vista record in 2021? O $68200 O $75850 O $80850 O $97840 Blossom Corp. incurred $820000 of research and development costs to develop a product for which a patent was granted on January 2, 2018. Legal fees and other costs associated with registration of the patent totaled $158000. On March 31, 2021, Blossom paid $340000 for legal fees in a successful defense of the patent. The total amount capitalized for the patent through March 31, 2021 should be $1160000. O $978000. O $1318000. O $498000. Carla Vista Corporation acquired End-of-the-World Products on January 1, 2020 for $6150000, and recorded goodwill of $1150000 as a result of that purchase. At December 31, 2021, the End-of-the-World Products Division had a fair value of $4482000. The net identifiable assets of the Division (including goodwill) had a carrying value of $5190000 at that time. What amount of loss on impairment of goodwill should Carla Vista record in 2021? O $0 O $1668000 O $708000 O $960000 The following information is available for Blossom Company's patents: $2790000 1270000 Cost Carrying amount Expected future net cash flows Fair value 963000 975000 Blossom would record a loss on impairment of O $307000. $295000. O $1270000. O $1827000. Sunland Company's 12/31/21 balance sheet reports assets of $12300000 and liabilities of $5060000. All of Sunland's assets' book values approximate their fair value, except for land, which has a fair value that is $860000 greater than its book value. On 12/31/21, Egbert Corporation paid $12458000 to acquire Sunland. What amount of goodwill should Egbert record as a result of this purchase? O $158000 O $4358000 O $5218000 O $0