Question 15 0.5 pts Fastnow Company, organized in 2017, has these transactions related to intangible assets in that year: Jan.2 Purchased a patent (5-year life) $300,000. Apr. 1 Goodwill purchased (indefinite life) $360,000. July 1 Acquired a 9-year franchise; expiration date July 1, 2026, $540,000. Sept. 1 Research and development costs $185,000. What is the amount of amortization expense that Fastnow Company would show on its 2017 income statement related to Goodwill? Do not enter a dollar sign or any commas Question 16 0.5 pts Fastnow Company, organized in 2017, has these transactions related to intangible assets in that year: Jan.2 Purchased a patent (5-year life) $300,000. Apr.1 Goodwill purchased (indefinite life) $360,000. July 1 Acquired a 9-year franchise; expiration date July 1, 2026, $540,000. Sept. 1 Research and development costs $185,000. What is the amount of amortization expense that Fastnow Company would show on its 2017 income statement related to the Franchise? Do not enter a dollar sign or any commas