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Dynamo Manufacturing pald cash to acquire the assets of an existing company. Among the assets acquired were the following items Patent with a reasining years

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Dynamo Manufacturing pald cash to acquire the assets of an existing company. Among the assets acquired were the following items Patent with a reasining years of legal 11fe Goodwill 5 32,20 39,600 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 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. Amorto espent per year Required B

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