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In early January 2019, Grouper Corporation applied for a trade name, incurring legal costs of $16,400. In January 2020 Grouper incurred $9,000 of legal fees

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In early January 2019, Grouper Corporation applied for a trade name, incurring legal costs of $16,400. In January 2020 Grouper incurred $9,000 of legal fees in a successful defense of its trade name. 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 $ 12/3119 book value $ 2020 amortization 5 12/31/20 book value 5

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