Ignoble Company

1 Amortization of Patent 280,000.00

Accumulated Amortization 280,000.00

Patent 1,920,000.00
Less:Accumulated Amortization 240,000.00
1,680,000.00
Divided by 6.00
280,000.00

2 Trademark (800,000 x 3/4) 600,000.00

Non-Competition Agreement 200,000.00
Cash 800,000.00

3 Non-Competition Agreement 40,000.00

Accumulated Amortization 40,000.00

Non-Competition Agreement 200,000

Divided by 5
40,000.00

4 Royalty Expense 50,000.00

Cash 50,000.00
Sanity Company

2020 Copyright 285,000.00

Cash 285,000.00

Amortization of Copyright 150,000.00

Copyright 150,000.00

285,000 / 95,000 = 3 per copy

50,000 (2020 copies) x 3 = 150,000

2021 Amortization of Copyrights 90,000.00

Copyright 90,000.00
30,000 x 3 = 90,000
Steady Company

1 Copyright 240,000
Cash 240,000

Cost of Copyright 300,000

less: Amortization 300,000/ 5yrs 60,000
Carrying Amount 240,000

2 Amortization of Copyright 60,000.00

Copyright 60,000.00
Center Company
Center Company