On January 1, Year 1, Stiller Company paid $216,000 to obtain a patent Stiller expected to use the patent for 5 years before it became technologically obsolete. The remaining legal life of the patent was 8 years. Based on this information, what is the amount of amortization expense during Year 3 and the book value of the patent as of December 31, Year 3, respectively? Multiple Choice $27.000 and $81.000 $43.200 and $86,400 $27,000 and $135.000 4 Warning Signs Of Deme Creepy How To Protect Your Brain Google Chrome $43 200 and $129.500 Proy 9 of 25 til Next > On September 1, Year 1, West Company borrowed $24,000 from Valley Bank. West agreed to pay interest annually at the rate of 8% per year. The note issued by West carried an 18-month term West Company has a calendar year-end. What is the amount of interest expense that will be reported on West's income statement for Year 12 Multiple Choice SO S640 5192 4 Warning Signs of Dementia Creepy How To Protect Your Brain 5480 Cor