Ek My Work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 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 Goodwill $ 40,000 35,000 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. Complete this question by entering your answers in the tabs below. Required A Required B Answer is complete but not entirely correct. Re Record the acquisition of the intangible assets and the related amortization expense for year 1 in a horizontal statements model, (In the Cash Flow column, use the initi financing activities, or 1A for investing activity. Leave the cell blank if there is no effect. Enter any decreases to account balances with a minus sign. Not all cells will requi