Dubai Corporation purchased a patent for $135,000 on September 1, 2013. It had a useful life of 10 years. On January 1, 2015, Dubai Co. spent $33,000 to successfully defend the patent in a lawsuit. Dubai Co. feels that as of that date, the remaining useful life is 5 years. What amount should be reported for patent amortization expense for 2015? a. $30,900. b. $30,000. c. $28,200. d. $23,400. a d Choose the correct answer * Choose the correct Presented below is information related to copyrights owned by Botticelli Company at December 31, 2015. Cost $8,600,000 Carrying amount 4,300,000 Recoverable amount 3,400,000 Assume that Botticelli Company will continue to use this copyright in the future. As of December 31, 2015, the copyright is estimated to have a remaining useful life of 10 years. The amount of impairment of the copyrights at December 31, 2015 is: a. 900000 b. 4300000 G 5200000 d. none of the above