Data related to the acquisition of timber rights and intanglbie assets during the current vear ended December 31 are as follows: a. On December 31 , the company determined that $1,250,000 of goodwill was impaired. b. Governmental and legal costs of $5,040,000 were incurred on September 30 in obtaining a potent with an estimated economic life of 15 years, Amortization is to be fo one-fourth of a year. c. Timber nghts on a tract of land were purchased for $630,000 on February 4. The stand of timber is estimated at 3,000,000 board feet. During the current year, 800,000 board feet of timber were cut and sold. Required: 1. Determine the amount of the amortization, depletion, or impaiment for the current year for each of the foregoing items. Do not round your intermediate calculation. 2. Journalize the adjusting entries to record the amortization, depletion, or impairment for each item, If an amount box does not require an entry, Ieave it blank