Which of the following intangible assets has a finite life? Select answer from the options below Rex Co. purchased a patent from Wright Company for $500,000. Stokes Company trademarked their new in-house designed company logo. Newmark Company purchased a license to run a recycling pickup service, which is renewable for a minimum fee every 6 years. Lynch Company acquires the net assets of Ellis Company and records goodwill of $1,200,000