Potent. The oompeny purcesed ? poentata G88h cost of $58,500 on January 1, 2017. The petent has ?" estmeted useul ife of 13 yers. b. Copyright. On c Franchise The compeny o ter ed ? franche e torm tocenna Company to make and dist ute 5?eo al nem, lt ootsi ed te fanchee on January 1 2017 et cash ocet of $14,000 ora 10-year penod. d. Licon". On January 1, 2016, n company secured aloense tam te cty ??ap noe apeial genoe for period of nve ye . Total cash ? pended to obtain te leeree maa $14,200. January 1. 2D17, te compar y purraaed ? oooyright for 523 500 oash. It ia estraad that the pr grid tam wi nag MO value by t 00nd of 10 years. e an ndefnite Ife oodwill. The oor eny started busne53 in Jenuary 2014 by pur h 5ng another busne53 ora c55h mp m of $420 000 Included n te p th55e p ce s oodwil, S42 0 Comper y e ea t es B ted t at the good i an mpo nt 1 lved asset oo us." t h55 ??? de mel e Raquirad: 1. Compute the aront of amortzaton that should be recorded for each intang bise t the end of the arnual accouning paricd,Ccmber 31,2017 2. Determine the book value of eaech intangible asset on December 31. 2010 any, of the impairment loss to be recorded