Using the foliowing unrelated situations. A. A patent with a 12 -year remaining legal Ife was purchased for $360,000. The potent will be-usable for another-10 years: B. A patent was acquired on a bew imartphone. The cost of the patent itself was only 541,400 , but the market value of the patent is s600,000. The company expects to be able use this-pstent for all 23 years of its life. Calculate the annial amortization expense. A. 1 B.. 5