Problem3 Jasper Inc. acquired three patents in January 20x4. The patents have different lves, as indicated in the following schedule Cost $15,500 31,250 65,620 Estimated useful lifeRemaining legal life Patent A Patent B Patent C 10 years 6 years Indefinite years 7 years 17 years Patent C is believed to be uniquely useful as long as the company retains the right to use it. In June 20x5, the company unsuccessfully attempted to defend its right to Patent B. Legal fees of $12,700 were incurred in this action. The company year end is December Required Determine the amount of amortization/impairment that should be recognized for 20x4, 20x5, and 20x6