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

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.

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Required $A$

Compute the annual amortization expense for these items.

Amortization expense

per year