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Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items: Patent with sing years of

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Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items: Patent with sing years of legal lite Good11 390,000 35,000 Required . Compute the annual amortization expense for these items b. Record the acquisition of the intangible assets and the related amortization expense for Year in a horizontal statements model Complete this question by entering your answers in the tabs below. Required a Required Record the acquisition of the intangible assets and the related amortization expense for Year in a horizontal statements model. (In the Statement of Cash Flows column, use the initial D to designate operating activity. IA for investing activity, and FA for financing activity. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input. Round final answers to the nearest whole dollar amount.) DYNAMO MANUFACTURING Horizontal State Model Balance Sheet Stockholders ve Assets Statement of Cash How Revenue 50 000 90.000 Amore expense

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