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 $35,400 Goodwill 36,700 Dynamos financial condition just prior to the acquisition of these assets is shown in the following statements model. Balance Sheet Income Statement Assets = Liabilities + Stockholders Equity Revenue Expenses = Net Income Statement of Cash Flows Cash + Patent + Goodwill 98,200 + NA + NA = NA + 98,200