Recording Amortization Dovetail Technologies Company acquired patent rights on January 6, 20Y5, for $1,500,000. The patent has a useful life of 8 years. On January 7, 20Y6, Dovetail Technologies successfully defended the patent in a lawsuit at a cost of $252,000.

a. Determine the patent amortization expense for the current year ended December 31, 20Y6.

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b. Illustrate the effects on the accounts and financial statements to recognize the amortization. For decreases in accounts or outflows of cash, enter your answers as negative numbers. If no account or activity is affected, select "No effect" from the dropdown and leave the corresponding number entry box blank. (Fill out Statement Flows, Balance Sheet, and Income Statement)