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i need help solving part C please Exercise 12-7 (Part Level Submission) In early January 2016, Riverbed Corporation applied for a trade name, incurring legal

image text in transcribedimage text in transcribedi need help solving part C please

Exercise 12-7 (Part Level Submission) In early January 2016, Riverbed Corporation applied for a trade name, incurring legal costs of $16,520. In January 2017, Riverbed incurred $8,320 of legal fees in a successful defense of its trade name (a) Your answer is correct. Compute 2016 amortization, 12/31/16 book value, 2017 amortization, and 12/31/17 book value if the company amortizes the trade name over 10 years. (Round all answers to o decimal places, e.g. 8,564) 2016 amortization 1652 12/31/16 book value 14868 2017 amortization 2576 12/31/17 book value 20612 LINK To TEXT LINK TO TEXT VIDEO SIMILAR EXERCISE Attempts: 1 of 2 used

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