In early January 2019, Marigold Corporation applied for a trade name, incurring legal costs of $16,000. In January 2020, Marigold incurred $6,300 of legal fees in a successful defense of its trade name. t 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 $ e Textbook and Media Compute the 2020 amortization and the 12/31/20 book value, assuming that at the beginning of 2020, Marigold determines that the trade name will provide no future benefits beyond December 31, 2023. 2020 amortization $ 12/31/20 book value $ RA HO e Textbook and Media 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, Marigold determines that the fair value of the trade name is $14,960. Estimated total future cash flows from the trade name is $16,060 on January 3, 2021. 2021 amortization $ 12/31/21 book value $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer He