Karen Company reported other noncurrent asset account balances on December 31, 2017 as follows:

Patent - Php 384,000

Accumulated Amortization (48,000)

Transactions during 2018 and other information relating to its other non-current assets included the following:

• The patent was purchased form Klaire Company on January 2, 2016 when the remaining legal life was 16 years. On January 2, 2018, Karen Company determined that the remaining useful life of the patent was only 8 years from the date of its acquisition
• On January 3, 2018 in connection with the purchase of a trademark from Klarisa Company, the parties entered into a non-competition agreement. Karen Company paid Klarisa Company Php 1,600,000 of which 75% related to the trademark and the balance reflected Klarisa Company agreement not to compete for a period of five years in the line of business covered by the trademark. Karen Company considers the life of the trademark to be indefinite.
• On January 3, 2018, Karen Company acquired all the non-cash assets and assumed all liabilities of Karina Company at a cash purchase price of Php 2,400,000. Karen Company determined that the fair value of the nest asset acquired in the transaction is Php 1,600,000

Required: Based on the above, answer the following:

1. How much is the amortization expense of Patent in 2018?
2. How much is the amortization expense of Trademark in 2018?
3. How much is the amortization expense of Non-Competition Agreement in 2018?
4. What is the carrying amount of goodwill as of December 31, 2018?
5. How much is the carrying amount of the intangible assets as of December 31, 2018?