On January 1, 2016, Stetson Company paid $160,000 to obtain a patent. Stetson expected to use the patent for 5 years before it became technologically obsolete. Based on this information, the amount of amortization expense on the December 31, 2018 income statement and the book value (remaining benefit) of the patent on the December 31, 2018 balance sheet would be: Select one a $32,000/$64,000 b. $32,000/$96,000 c. $64.000/$64.000 d. $64,000/$96,000 O O