On january 1, 2015, weaver corporation purchased a patent for $237,000. the remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. in january 2017, the company incurred legal fees of $57,000 in successfully defending a patent infringement suit. the successful defense did not change the company's estimate of useful life. weaver corporation's year-end is december 31.

1. record the purchase in 2015; amortization in 2015; amortization in 2016; legal fees in 2017; and amortization in 2017.

2. what is the balance in the patent account at the end of 2017?

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)