Record amortization expense for the intangible assets at December 31, 2015

a.	On January 1, 2015, UTS completed the purchase of Heinrich Corporation for $3,510,000 in cash. The fair value of the net identifiable assets of Heinrich was $3,200,000.
b.	Included in the assets purchased from Heinrich was a patent valued at $82,250. The original legal life of the patent was 20 years; there are 12 years remaining, but UTS believes the patent will be useful for only seven more years.
c.	UTS acquired a franchises on July 1, 2015, by paying an initial franchises fee of $333,000. The contractual life of the franchises is 9 years. Prepare the intangible asset section of the December 31, 2015, balance sheet.