Problem: Module 2 Textbook Problem 19 Learning Objective: - Module 2-16 Identify and determine the cost of intangible assets - Module 2-17 Show how the amortization of intangible assets affects financial statements Dynamo Manufacturing paid cash to acquire the assets of an existing company. Among the assets acquired were the following items: Dynamo's financial condition just prior to the acquisition of these assets is shown in Required B. Required a. Compute the annual amortization expense for these items. b. Record the acquisition of the intangible assets and the related amortization expense for year 1 in a horizontal statements model