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In early January 2024, Wildhorse Corporation applied for a patent, incurring legal costs of $90,000. In January 2025. Wildhorse Incurred $21,960 oflegal fees in a

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In early January 2024, Wildhorse Corporation applied for a patent, incurring legal costs of $90,000. In January 2025. Wildhorse Incurred $21,960 oflegal fees in a successful defense of its patent: (a) Compute 2024 straight-line amortization, 12/31/24 carrying amount, 2025 amortization, and 12/31/25 carrying amount if the company amortizes the patent over 10 years. 2024 amortization 12/31/24 carrying value 2025 amortization 12/31/25 carrying value

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