Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items: Patent with 4 remaining years of legal life Goodwill $33,800 42,300 Required a. Compute the annual amortization expense for these items. b. Record the acquisition of the intangible assets and the related amortization expense for Year 1 in a horizontal statements model. Complete this question by entering your answers in the tabs below. Required A Required B Compute the annual amortization expense for these items. Amortization expense per year ces Required B > Dynamo Manufacturing paid cash to acquire the assets of an existing company, Among the assets acquired were the following items: Patent with 4 remaining years of legal to Goodwill $ 33,800 42,300 Required a. Compute the annual amortization expense for these items. b. Record the acquisition of the Intangible assets and the related amortization expense for Year 1 in a horizontal statements model Complete this question by entering your answers in the tabs below. Required A Required B Record the acquisition of the Intangible assets and the related amortization expense for Year 1 in a horizontal statements model. (In the Statement of Cas designate operating activity, IA for investing activity, and FA for financing activity. Enter any decreases to account balances and cash outflows with a min answers to the nearest whole dollar amount.) os DYNAMO MANUFACTURING Horizontal Statements Model Balance Sheet Llabilities + Stockholders Goodwill Equity 91.400 Income Statement Event Assets Patent Net Statement of Cash Flows Revenue Expense Income Cash 91.400 - Acquisition Amortization expense