Question 5 of 20 - /0.4 View Policies Current Attempt in Progress Oriole Company purchased a patent on January 1, 2020 for $658000. The patent had a remaining useful life of 10 years at that date. In January of 2021, Oriole successfully defends the patent at a cost of $291600, extending the patent's life to 12/31/32. What amount of amortization expense would Oriole record in 2021? O $65800 O $94960 O $73650 O $78650 In 2020, Coronado Industries reported net income of $4.8 billion, net sales of $190 billion, and average total assets of $75 billion. What is Coronado Industries's asset turnover? O 0.49 times O 0.72 times. 0 2.53 times. O 15.6 times. Save for Later Attempts: 0 of 1 used Submit