Harrison purchased a patent for $24,000 on January 5,2021 from a competitor. The patent has a legal life of the patent of 20 years but Harrison estimates that the useful life will be 10 years with $0 residual value. Will the patent be recorded as an expense or an asset? (answer expense or asset) A. What will be the amount of amortization (if any) for the patent for the year ending December 31, 2021? (do not use $ signs, commas, or decimals in your answer) A