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 $ 40,500 39,200 Dynamo's financial condition just prior to the acquisition of these assets is shown in Required B 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. tes Required A Required B Compute the annual amortization expense for these items. Amortization expense per year Red 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 life Goodwill $ 40,500 39,200 Dynamo's financial condition just prior to the acquisition of these assets is shown in Required B 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 Cash Flow column. operating activities, FA for financing activities, or IA for investing activity. Leave the cell blank if there is no effect. Enter any decreases to account balances all cells will require entry) DYNAMO MANUFACTURING Horizontal Statements Model Balance Sheet Income Statement Event Assets Patent Isabilities Statement of Cash Flows Equity Revenue Expense Net Income Cash 92 300+ * Goodwill 92.300 Acquisition Amortization