Impaired Goodwill and Amortization of Patent On April 1, a patent with an estimated useful economic life of 12 years was acquired for $100,800. In addition, on December 31, it was estimated that goodwill of $38,500 was impaired. Question Content Area a. Record the acquisition of patent. If an amount box does not require an entry, leave it blank. April 1 Patents Patents 100,800 Patents 0 Cash Cash Cash 100,800 Feedback Area Feedback Recall that