Exercise 6-19 Computing and recording the amortization of intangibles LO 6-9, 6-10 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 Goodwil1 32,400 39,500 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 shown below. Complete this question by entering your answers in the tabs below. Required A Required B Compute the mortization expense for these items Patent per year Exercise 6-19 Computing and recording the amortization of intangibles LO 6-9, 6-10 Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following item:s Patent with 4 remaining years of legal life Goodwill 32,400e 39,500 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 shown below Complete this question by entering your answers in the tabs below Required A Required B Record the acquisition of the intangible assets and the related amortization expense for year 1 in a horizontal statements model shown below. (In the Cash Flow column, use the initial " "for e ati activities, "F "for financing.activities," "fori esting, activity. and N fornot affect. Entera Y. decreases to account balances with a minus. DYNAMO MANUFACTURING Horizontal Statements Model Balance Sheet Income Statement Statement of Cash Flows Event Assets Liabilities Equity Revenue-Expense Net Income CashPatent+Goodwill 99,500+ +99,500 Patent