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In early January 2024. Monty Corporation applied for a trade name, incurring legal costs of $16,800. In January 2025 , Monty incurred $7,200 of legal

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In early January 2024. Monty Corporation applied for a trade name, incurring legal costs of $16,800. In January 2025 , Monty incurred $7,200 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 tride name over 10 years. (Round answers to 0 decimal ploces, es. 5, 125.) 2024 amortization 12/31/24 book value 2025 amortization 12/31/25 bookvalue $

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