The table and goodwill reported by Cuomber Corporation December 31, 2020, Tom. 15.83 / 50 $32.600 16,300 Copyrights (11) Less: Accumulated amortization Trademarks Goodwill Total $ 16,300 56,810 121.000 $194,200 A copyright (1) was acquired on January 1, 2019, and has a useful life of four years. The trademarks were acquired on January 1, 2017 and are expected to have an indefinite life. The company has a December 31 year end and prepares adjusting journal entries annually The following cash transactions may have affected intangible assets and goodwill during 2021 5 Jan July 1 Sept 1 Paid $7.130 in legal costs to successfully defend the trademarks against infringement by another company Developed a new product, incurring $ 202,150 in research and $48.600 in development costs with probable future benefits. The product is expected to have a useful life of 20 years Pald 559,780 to a popular hockey player to appear in commercial advertising the company's products. The commercials will sir in early September Acquired another copyright 2) for 5156.000. The new copyright has a useful life of six years Determined the fair value of the goodwill to be 593.350. There was no indication that the copyrights or Ona O 9 Oct Ded 31 Type here to search