Recording Amortization Dovetail Technologies Company acquired patent nights on January 6, 2045, for $3,180,000. The patent has a useful le of 17 years. On January 7, 2076, Dovetail Technologies successfully defended the patent in a lawsuit at a cost of $318,000 a. Determine the patent amortization expense for the current year ended December 31, 2016. If required, round your answer to nearest whole value. b. Tlustrate the effects on the accounts and financial statements to recognize the amortization. For decreases in accounts or outllows of cash, enter your linswers as negative numbers. If no account or activity is affected, select "No effect from the dropdown and leave the corresponding number entry box blank. Round your Kinatawwer to the nearest whole dollar Balance Sheet Statement of Cash Hows Assets Stockholders' Equity Dec 31 Inice Statement Statement of Cash Flow