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View Policies Current Attempt in Progress In early January 2 0 2 3 , Sunland Corporation applied for and received approval for a trade name,

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In early January 2023, Sunland Corporation applied for and received approval for a trade name, incurring legal costs of $44,800. In early January 2024, Sunland incurred $26,000 in legal fees in a successful defence of its trade name.
(b)
Calculate amortization for 2023; carrying amount at December 31,2023; amortization for 2024; and carrying amount at December 31,2024, if the company amortizes the trade name over its 14-year legal life. (Round answers to 0 decimal places, e.g.5,275.
\table[[,,2023,2024],[Amortization amount,$,$,],[Carrying amount,$,$,]]
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