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In early January 2024. Flounder Corporation applied for a trade name, incurring legal costs of $16,200. In January 2025, Flounder incurred $8,100 of legal fees

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In early January 2024. Flounder Corporation applied for a trade name, incurring legal costs of $16,200. In January 2025, Flounder incurred $8,100 of legal fees in a successful defense of its trade name. (a) Compute 2024 amortization, 12/31/24 book value, 2025 amortization, and 12/31/25 book value if the company amortizes the trade name over 10 years: (Round answers to o decimal places, es. 5,125) \begin{tabular}{|c|c|} \hline 2024 amortization & $ \\ \hline 12/31/24 book value & 5 \\ \hline 2025 amortization & 5 \\ \hline 12/31/25 book value & 5 \\ \hline \end{tabular}

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