On June 30, 2014, Mobley Corporation acquired a patent for $4.40 million. The patent was estimated to have an eight-year life and no residual value. Mobley uses the straight-line method of amortization for intangible assets. At the beginning of January 2016, Mobley successfully defended its patent against infringement. Litigation costs totaled $690,000.

Required:
1.	Calculate patent amortization for 2014 and 2015. (Enter your answer in dollars, not millions of dollars.)

2.	Prepare the journal entry to record the 2016 litigation costs. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not millions of dollars.)

3.	Calculate amortization for 2016. (Round your answer to nearest whole dollar. Enter your answer in dollars, not millions of dollars.)

4-a.	Prepare the journal entry to record the 2016 litigation costs and calculate amortization. Assuming that Mobley prepares its financial statements according to International Financial Reporting Standards (IFRS). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not millions of dollars.)

4-b.	Calculate amortization for 2016 under IFRS. (Enter your answer in dollars, not millions of dollars.)