Einhorn Devices acquires Howard, a small start-up company, by paying $2,170,600 in cash on January 2. Below are the book values and fair values of Howard on the date of acquisition.

Howard	Book Value	Fair Value
Cash	$31,000	$31,000
Receivables	100,700	100,300
Manufacturing Equipment	640,400	654,600
Patents (remaining life 8 years)	60,900	676,800
Trademarks	14,650	187,750
Payables	58,806	58,806

A. completed

Acquisition Cost	2,170,600
Less: fair value of the identifiable net assets	(1,591,644)
Goodwill	578,956

B. What intangible assets are acquired? which of the intangible assets have an indefinite life? which will be amoritized? what will the amoritization expense be in the year after acquisition?

Intangible Asset	Acquisition cost	Finite or Indefinite Life	Amortized?	Amoritzed Expense