[The following information applies to the questions displayed below] Solich Sandwich Shop had the following long-term asset balances as of December 31, 2018: Solich purchased all the assets at the beginning of 2016 (3 years ago). The building is depreciated over a 20 -year service life using the double-declining-balance method and estimating no residual value. The equipment is depreciated over a 10 year useful life using the straight-line method with an estimated residual value of $14,000. The patent is estimated to have a five-year service life with no residual value and is amortized using the straight-line method. Depreciation and amortization have been recorded for 2016 and 2017. . For the year ended December 31, 2018, record amortization expense for the patent. (If no entry is required for a transaction/event. elect "No journal entry required" in the first account field.)