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help please Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items Patent with 4
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Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items Patent with 4 remainine years of legal life Goodwin $ 30,00 40,400 Required o. Compute the annual amortization expense for these items. b. Record the acquisition of the intangible assets and the related amortization expense for Year in a horizontal statements model Complete this question by entering your answers in the tabs below. Required Required B Compute the annual amortization expense for these items. Anoton e pense per year RADA Required B > Dynamo Manufacturing pald cash to acquire the assets of an existing company. Among the assets acquired were the following items Patant with mining years of legal life Goodwin $ 10,300 40,400 Required o. Compute the annual amortization expense for these items b. Record the acquisition of the Intangible assets and the related amortization expense for Year in a horizontal statements model Complete this question by entering your answers in the tabs below. Required A Required Record the acquisition of the intangible assets and the related amortization expense for Year 1 In a horizontal statements model in the Statement of Cash operating activity, Bk for investing activity, and FA for financing activity. Enter any decreases to account balances and cash outflows with a minus sign. Nota the nearest whole dollar amount.) Event DYNAMO MANUFACTURING Horizontal Statements Model Dalance Sheet Income statement Stockholders - Liabilities Revenue Net Expense - Goodwill Equity Income 00 000 Assets Patent statement of Cash Flowe Cash 30.000 Acquisition Amortation expens Step by Step Solution
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