In early January 2019, Flint Corporation applied for a trade name, incurring legal costs of $15,600. In January 2020, Flint incurred $8,100 of legal fees in a successful defense of its trade name. Part 1 Your answer is incorrect. Compute 2019 amortization, 12/31/19 book value. 2020 amortization, and 12/31/20 book value if the company amortizes the trade name over 10 years. 2019 amortization $ 12/31/19 book value $ 2020 amortization $ 12/31/20 book value $ Part 2 Compute the 2020 amortization and the 12/31/20 book value, assuming that at the beginning of 2020, Flint determines that the trade name will provide no future benefits beyond December 31, 2023. 2020 amortization $ 12/31/20 book value $ eTextbook and Media Save for Later Part 3 Attempts: 0 of 3 used Submit Answer Ignoring the response for part (b), compute the 2021 amortization and the 12/31/21 book value, assuming that at the beginning of 2021, based on new market research, Flint determines that the fair value of the trade name is $15,920. Estimated total future cash flows from the trade name is $17.120on January 3, 2021. 2021 amortization $ 12/31/21 book value $