complete Req 1, 2A, and 2B please

Chrome File Edit View History Bookmarks Profiles Tab Window Help US U.S. Q 8 Thu Oct 19 8:12 PM Q| | fp Women's Cute Athle X Topic: bring 3 hardc x M Question 8 - Chapte X Course Hero x Course Hero: Al Stu x Class Finder - Unive x Welcome to the Cou x + > C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FIms... @ d Chapter 8 Homework i Saved p Save & Exit Submit 8 E8-21 (Algo) Computing and Reporting the Acquisition and Amortization of Three Different Intangible Assets LO8-6 Springer Company had three intangible assets at the end of 2023 (end of the accounting year): . A copyright purchased on January 1, 2023, for a cash cost of $15,300. The copyright is expected to have a 10-year useful life to Springer. eBook b. Goodwill of $73,000 from the purchase of the Hartford Company on July 1, 2022. c. A patent purchased on January 1, 2022, for $48,000. The inventor had registered the patent with the U.S. Patent and Trademark Office on January 1, 2018. Springer intends to use the patent for its remaining life. Ask Required: 1. Compute the amortization expense of each intangible for the year ended December 31, 2023. The company does not use contra- Print accounts. 2a. Show how the expenses related to the three intangible assets should be reported on the income statement for 2023. 2b. Show how the three intangible assets should be reported on the balance sheet for 2023. (Assume there has been no impairment of goodwill.) References Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Compute the amortization expense of each intangible for the year ended December 31, 2023. The company does not use contra-accounts. Amortization Copyright Goodwill Patent Req 1 Req 2A > 68 1.477 OCT 19 stv 4 W 64 GChrome File Edit View History Bookmarks Profiles Tab Window Help US U.S. Q 8 Thu Oct 19 8:12 PM Q| | fp Women's Cute Athle X Topic: bring 3 hardc x M Question 8 - Chapte X Course Hero x Course Hero: Al Stu x Class Finder - Unive x Welcome to the Cou x + > C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FIms... @ d Chapter 8 Homework i Saved p Save & Exit Submit 8 E8-21 (Algo) Computing and Reporting the Acquisition and Amortization of Three Different Intangible Assets LO8-6 Springer Company had three intangible assets at the end of 2023 (end of the accounting year): . A copyright purchased on January 1, 2023, for a cash cost of $15,300. The copyright is expected to have a 10-year useful life to Springer. eBook b. Goodwill of $73,000 from the purchase of the Hartford Company on July 1, 2022. c. A patent purchased on January 1, 2022, for $48,000. The inventor had registered the patent with the U.S. Patent and Trademark Office on January 1, 2018. Springer intends to use the patent for its remaining life. Ask Required: 1. Compute the amortization expense of each intangible for the year ended December 31, 2023. The company does not use contra- Print accounts. 2a. Show how the expenses related to the three intangible assets should be reported on the income statement for 2023. 2b. Show how the three intangible assets should be reported on the balance sheet for 2023. (Assume there has been no impairment of goodwill.) References Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Show how the expenses related to the three intangible assets should be reported on the income statement for 2023. SPRINGER COMPANY Income Statement for 2023 (Partial) Operating expenses: 68 1.477 OCT 19 stv 4 W 64 GChrome File Edit View History Bookmarks Profiles Tab Window Help US U.S. Q 8 Thu Oct 19 8:12 PM Q| | fp Women's Cute Athle X Topic: bring 3 hardc x M Question 8 - Chapte X Course Hero x Course Hero: Al Stu x Class Finder - Unive x Welcome to the Cou x + > C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FIms... @ d Chapter 8 Homework i Saved p Save & Exit Submit 8 E8-21 (Algo) Computing and Reporting the Acquisition and Amortization of Three Different Intangible Assets LO8-6 Springer Company had three intangible assets at the end of 2023 (end of the accounting year): . A copyright purchased on January 1, 2023, for a cash cost of $15,300. The copyright is expected to have a 10-year useful life to Springer. eBook b. Goodwill of $73,000 from the purchase of the Hartford Company on July 1, 2022. c. A patent purchased on January 1, 2022, for $48,000. The inventor had registered the patent with the U.S. Patent and Trademark Office on January 1, 2018. Springer intends to use the patent for its remaining life. Ask Required: 1. Compute the amortization expense of each intangible for the year ended December 31, 2023. The company does not use contra- Print accounts. 2a. Show how the expenses related to the three intangible assets should be reported on the income statement for 2023. 2b. Show how the three intangible assets should be reported on the balance sheet for 2023. (Assume there has been no impairment of goodwill.) References Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Show how the three intangible assets should be reported on the balance sheet for 2023. (Assume there has been no impairment of goodwill.) SPRINGER COMPANY Balance Sheet December 31, 2023 (Partial) Intangibles: 1.477 OCT 4 W 64 19 stv G