Please help, due tonight!

Intangible Assets (LO. 10) On June 2, 2020, Lokar Corporation purchases a patent for $70,100 from the inventor of a new extrusion process. The patent has 12 years remaining on its legal life. Also, Lokar purchases substantially all the assets of the Barrios Corporation for $792,000 on September 8, 2020. The values of the assets listed in the purchase agreement are as follows: Inventory $255,000 Manufacturing equipment 1,176,700 Patent on compression process 109, 100 Goodwill 90,900 Refer to the MACRS Depreciation Table to answer the following question. Note: In your calculations, round amortization percentages to two decimal places, and dollar amounts to the nearest whole dollar. Assume the equipment has a MACRS recovery period of 7 years and that bonus depreciation is taken in the year of acquisition. The maximum 2020 cost-recovery deductions for the tangible and intangible assets purchased is $ Intangible Assets (LO. 10) On June 2, 2020, Lokar Corporation purchases a patent for $70,100 from the inventor of a new extrusion process. The patent has 12 years remaining on its legal life. Also, Lokar purchases substantially all the assets of the Barrios Corporation for $792,000 on September 8, 2020. The values of the assets listed in the purchase agreement are as follows: Inventory $255,000 Manufacturing equipment 1,176,700 Patent on compression process 109, 100 Goodwill 90,900 Refer to the MACRS Depreciation Table to answer the following question. Note: In your calculations, round amortization percentages to two decimal places, and dollar amounts to the nearest whole dollar. Assume the equipment has a MACRS recovery period of 7 years and that bonus depreciation is taken in the year of acquisition. The maximum 2020 cost-recovery deductions for the tangible and intangible assets purchased is $