journal entry for A-B

Complete this question by entering your answers in the tabs below. Shew the acquistien of the intang ble assets and the related amortization expense for Year 1 in a horizontal statements model, (In the statement of Cash Flows column, ise the initalis of designate operating ectivity, UA for investing activity, and FA for finsucing activity. Leave blank to ind cate that an element is not affected by the event. Enter any decreases to account balf and cash outfloms with a minus sign, Round final answers to the pearest stablet doliar amount.] Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items. Datent with 4 renaining years of legal life 534,60042,200 coodwill Dynamo's financial condition just prior to the acquisition of these assets is shown in the following statements model. Required a. Compute the annual amortization expense for these items. b. Show the acquisition of the intangible assets and the related amortization expense for Year 1 in a horizontal statements model. c. Prepare the journal entries to record the acquisition of the intangible assets and the related amortization for year 1. Complete this question by entering your answers in the tabs below. Compute the annual amortization expense for these items. Prepare the journal entries to record the acquisition of the intangible assets and the related amortization for required for a transaction/event, select "No journal entry required" in the first account field. Round final answ dollar amount.) A Record cash paid to acquire the assets of an existing company. B Record amortization expenses for patents