Question 5: Trademarks (16 marks) In early January 2017, Crawford Corporation applied for and received approval for a trade name, incurring legal costs of $50,400. In January 2018, Crawford incurred $22,050 of legal fees in a successful defence of its trade name. Required: (round all answers to O decimal place) a) Calculate amortization for 2017; carrying amount at December 31, 2017; amortization for 2018; and carrying amount at December 31, 2018, if the company amortizes the trade name over its 16-year legal life b) Calculate amortization for 2017; carrying amount at December 31, 2017 amortization for 2018; and carrying amount at December 31, 2018, if the company amortizes the trade name over a useful life of 5 years