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Question 5 n early January 2016, Bramble Corporation applied for a trade name, incurring legal...

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Question 5 n early January 2016, Bramble Corporation applied for a trade name, incurring legal costs of $16,080. In January 2017, Bramble incurred $7,880 of legal fees in a successful defense of its trade name. Compute 2016 amortization, 12/31/16 book value, 2017 amortization, and 12/31/17 book value if the company amortizes the trade name over 10 years. (Round all answers to O decimal places, eg. 8,564) 2016 amortization 12/31/16 book value $ 2017 amortization$ 12/31/17 book value $ 1608 14472 2484 19.868 Compute the 2017 amortization and the 12/31/17 book value, assuming that at the beginning of 2017, Bramble determines that the trade name will provide no future benefits beyond December 31, 2020. 2017 amortization 1231/1/okv lgnoring the response for part (b), compute the 2018 amortization and the 12/31/18 book value, assuming that at the beginning of 2018, based on new market research, Bramble determines that the fair value of the trade name is $ 14,560. Estimated total future cash flows from the trade name is $15,760 on January 3, 2018. 2018 amortization S 1231/1S

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