In early January 2020, Sheridan Corporation applied for and received approval for a trade name, incurring legal costs of $44,800. In early January 2021, Sheridan incurred $24,700 in legal fees in a successful defence of its trade name. Calculate amortization for 2020; carrying amount at December 31, 2020; amortization for 2021; and carrying amount at December 31, 2021, if the company amortizes the trade name over its 14-year legal life. (Round answers to decimal places, e.g. 5,275.) 2020 2021 Amortization amount $ $ Carrying amount $ $ eTextbook and Media Calculate amortization for 2020; carrying amount at December 31, 2020; amortization for 2021; and carrying amount at December 31, 2021, if the company amortizes the trade name over a useful life of 5 years. 2020 2021 $ $ Amortization amount Carrying amount $ $