n early January 2017, Cullumber Corporation applied for and received approval for a trade name, incurring legal costs of $45,000. In January 2018, Cullumber incurred $25,500 of legal fees in a successful defence of its trade name.

Calculate amortization for 2017; carrying amount at December 31, 2017; amortization for 2018; and carrying amount at December 31, 2018, if the company amortizes the trade name over its 15-year legal life. (Round answers to 0 decimal places, e.g. 5,275.)

		2017		2018
Amortization amount		$		$
Carrying amount		$		$

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Calculate amortization for 2017; carrying amount at December 31, 2017; amortization for 2018; and carrying amount at December 31, 2018, if the company amortizes the trade name over a useful life of 4 years. (Round answers to 0 decimal places, e.g. 5,275.)

		2017		2018
Amortization amount		$		$