a. During 2012, Morrow Company spent $88,000 on research and development costs for a new product. This product was patented on January 1, 2013 with patent registration fees paid of $2,000. The patent has an estimated useful life of eight years. On January 1, 2016, Morrow paid $8,000 for legal fees in a successful defense of the patent and as a result, changed their estimate of the total useful life of the patent to the 20 year legal life. Determine the amount of amortization expense to be recorded on the patent for the year ending December 31, 2016.