In early January 2024. Cheyenne Corporation applied for a trade name, incurring legal costs of $16,000. In January 2025, Cheyenne incurred $8,100 of legal fees in a successful defense of its trade name.

2024 amortization = $1,600 12/31/24 book value = $14,400 2025 amortization = $2,500 12/31/25 book value = $20,000

Compute the 2025 amortisation and the 12/31/25 boy value, assuming that at the beginning of 2025, Cheyenne determines that the trade name will provide no future benefits beyond December 31, 2028.

2025 Amoritization = 12/31/25 book value =