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tMain dorinvoker Show Me How eBook Impaired Goodwill and Amortization of Patent On December 31, it was estimated that goodwill of $40,000 was impaired. In

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tMain dorinvoker Show Me How eBook Impaired Goodwill and Amortization of Patent On December 31, it was estimated that goodwill of $40,000 was impaired. In addition, a patent with an estimated useful economic life of 12 years Calcutator was acquired for $115.2 on April 1. a. Journalize the adjusting entry on December 31 for the impaired goodwill. Dec 31Y b. Journalize the adjusting entry on December 31 for the amortization of the patent rights. Do not round intermediate calculations DAC. 31 Chock My Work 0

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