Wyatt Company had four intangible assets at the end of 2018 (end of the fiscal year): a. Computer software and Web development technology purchased on January 1, 2018, for $70,000. The technology is expected to have a useful life of four years. b. A patent purchased from R. Jay on January 1,2018 , for a cash cost of $6,000. Jay had registered the patent with the Canadian Intellectual Property Office seven years earlier on January 1, 2011. The cost of the patent is amortized over its legal life. c. A lease on some property for a five-year term beginning January 1, 2018. The company immediately spent $7,800 cash for long-lived improvements (estimated useful life, eight years; no residual value). At the termination of the lease, there will be no recovery of these improvements. d. A trademark that was internally developed and registered with the Canadian government for $13,000 on November 1, 2017. Management decided that the trademark has an indefinite life. Required: 1. What is the acquisition cost of each intangible asset? ( Answer is complete but not entirely correct. 3-b. Show how these assets and any related expenses should be reported on the statement of financial position at December 31,2018 , and on the statement of earnings for 2018. (Round the intermediate calculations to nearest dollar amount.) Answer is not complete