Question $4$ of $5$

$\frac{2\mathrm{.}5}{5}$

Compute $2022$ amortization, $\frac{12}{31}\frac{?}{22}$ carrying value, $2023$ amortization, and $\frac{12}{31}\frac{?}{23}$ carrying value if the company amortizes the patent over $10$ years.

$2022$ amortization $\frac{12}{31}\frac{?}{22}$ carrying value $$

$$

$2023$ amortization $$

$\frac{12}{31}\frac{?}{23}$ carrying value

$$

eTextbook and Media

Attempts: unlimited

$($b$)$

Compute the $2024$ amortization and the $\frac{12}{31}\frac{?}{24}$ carrying value, assuming that at the beginning of $2024,$ based on new market research, Lerner determines that the recoverable amount of the patent is $48,000.$

$2024$ amortization $$

$\frac{12}{31}\frac{?}{24}$ carrying value

$$

B please