Support Sescriptors 00 Suche Denon 14 Not complete Book Print Marked to Phaestion Amortization Expense For each of the following unrelated situation calculate the annual amortization expense a. A patent with a 15-year remaining legal life was purchased for $270.000 The patent will be commercially exploitable for another rune year b. A patent was acquired on a device designed by a production worker. Although the cout of the patent to date consisted of $42300 in bepalees for handling the patent application the patent should be commercially valuable during its entire remaining legalife of 18 years and is currently worth $37.000 A franchise granting exclusive distribution rights for new colar water heater with state area for four year was obtained at a cost of 67.000. Scatory sales performance over the four years permits renewal of the functie former four years at an additional cost determined at renewa!) Annual expense 0 b Chech 29 2.0 FE