prepare all adjusting entries at december 31 to record amortization required by the 571004

Jan.

1

Purchased a copyright for $120,000. The copyright has a useful life of
8 years and a remaining legal life of 30 years.

May

1

Purchased a patent with an estimated useful life of 4 years and a legal
life of 20 years for $54,000.

Sept.

1

Purchased a small company and recorded goodwill of $150,000. Its useful
life is indefinite.