For each of the following unrelated transactions, (1) Costs of $58,500 were incurred on January 1 to obtain a patent. On January 31,$57,915 was spent in legal costs to successfully defend the patent against competitors. The patent has an estimated legal life of 12 years. (2) A company acquired a copyright for $240,000. The copyright has a useful life of 50 years. (a) Your answer is partially correct. Determine the amount of the amortization for the current year. (1) Amount of the amortization for the current year $ (2) Amount of the amortization for the current year