Van Frank Telecommunications has a patent on a cellular transmission process. The companyhas amortized the patent on a straight-line basis since 2012, when it was acquired at a cost of $9million at the beginning of that year. Due to rapid technological advances in the industry,management decided that the patent would benefit the company over a total of six years ratherthan the nine-year life being used to amortize its cost. The decision was made at the end of 2016(before adjusting and closing entries). Required:Prepare the following: Enter the amortization expense for the period 2013-2016 appropriate adjusting entry for patent amortization in 2016 to reflect the revised estimate. Enter amortization expense for 2017.

Please show the steps and calculation. Thanks