The intangible asset section of the balance sheet for Eastman Company at December 31, 2008 is presented below: Patent ($70,000 cost less $7,000 amortization) Copyright ($48,000cost less $19,200 amortization) Total The patent was acquired in January 2008 and has a useful life of 10 years. The copyright has a useful life of 20 years and is not renewable. The following cash transactions may have affected intangible assets during 2009: Jan. 2 Jan. - Jun Required: a. $63,000 28,800 $91.800 Paid $9,000 legal costs to successfully defend the patent against infringement. Developed a new product, incurring $115,000 in research and development costs. A patent was granted for the product on July 1, and its useful life is equal to its legal life. Eastman paid $17,000 in legal fees to secure the patent. Record amortization expense as of December 31, 2009 for all intangibles: b. Prepare the intangible Asset section of Eastman's Balance Sheet as of December 31, 2009:

The intangible asset section of the balance sheet for Eastman Company at December 31, 2008 is presented below: The patent was acquired in January 2008 and has a useful life of 10 years. The copyright has a useful life of 20 years and is not renewable. The following cash transactions may have affected intangible assets during 2009 : Jan. 2 Jan. - Jun Paid \$9,000 legal costs to successfully defend the patent against infringement. Developed a new product, incurring $115,000 in research and development costs. A patent was granted for the product on July 1 , and its useful life is equal to its legal life. Eastman paid $17,000 in legal fees to secure the patent. Required: a. Record amortization expense as of December 31,2009 for all intangibles: b. Prepare the intangible Asset section of Eastman's Balance Sheet as of December 31, 2009