Trotman Company had three intangible assets at the end of 2016 (end of the accounting year): a. Computer software and web development technology purchased on January 1, 2015, for $70,000. The technology is expected to have a four-year useful life to the company. b. A patent purchased from Ian Zimmer on January 1, 2016, for a cash of $6,000. Zimmer had registered the patent with the U.S. Patent Office five years ago. c. A trademark purchased January 1, 2016, for a cash cost of $6,000. Zmmer the company for $13,000 on November 1, 2016 Management decided the trademark has an indefinite life Compute the acquisition cost of each intangible asset. Compute the amortization of each intangible at December 31, 2016. The company does use contra-accounts. (Assume the company uses straight-line method) (Do not round intermediate calculations.) Show how these assets and any related expenses should be reported on the balance sheet and income statement for 2016