Center Company acquired three intangible assets before 2021. The entity is preparing financial statements on December 31, 2021. Before that date, no formal financial statements had been prepared and the cost of intangible assets had been charged to operations when acquired. The following intangible assets were accounted for in this manner: Useful life Cost 20 400,000 Copyright 1 Copyright 2 Acquisition date January 1, 2017 July 1, 2018 January 1. 2019 15 360,000 Patent 10 500,000 Prepare the amortization schedule. 2017 2018 2019 2020 2021 400,000 400,000 400,000 400,000 400,000 FINANCIAL POSITION Copyright 1 1 Cost Less: Accumulated amortization Net book value 360,000 360,000 360,000 360,000 Copyright 2 Cost Less: Accumulated amortization Net book value 500,000 500,000 500,000 Patent Cost Less: Accumulated amortization Net book value STATEMENT OF INCOME Amortization expense Copyright 1 Copyright 2 Patent