were $$204,000.$ The fair value of the patent was $$180,000.$

$2.$ Trademark: A trademark was purchased for $$12,000$ on August $31$ of Year $2.$ The trademark is considered to have an indefinite life. The fair value of the trademark on December $31$ of Year $3$ is $$6,000.$ for which the goodwill relates had a fair value of $$1,392,000.$ The book value of the net assets of the segment $($including goodwill$)$ is $$1,440,000.$

a$.$ Classify each of the intangible assets above as a finite life intangible or an indefinite life intangible.

$\backslash$table$[[$Patent$,$Finite life intangible,$=$