Hi, I need some help with providing the answer to the following amortization quesiton, all the info is available on the following image file

Task 3: Understand how amortization affects a To provide your answer, recreate the following table in a .doc or .docx company's financial statements format using word-processing software. When finished, save the 21st Century Farms Inc. is a high-tech farming operation that has document and submit it for evaluation along with all of the documents successfully patented methods for quick and efficient farming 365 from the other tasks in this assessment. days a year in all kinds of weather. 21st Century Farms Inc. Balance Sheet (partial) As their accountant, you have been asked to prepare a partial balance December 31, 2016 sheet for their fixed assets for the year ended December 31, 2016. Their books currently show the following information: Account Amount as of December 31, 2016 Buildings $ 1 080 000 Goodwill 420 000 Patents 600 000 Farm Equipment 390 000 Accumulated Amortization, Buildings 670 000 Accumulated Amortization, Farm Equipment 275 000 Accumulated Amortization, Patents 120 000