Provide the following journal entries at December 31, 2015 (year-end):
a) Morgan Company paid accumulated costs for a trademark on March 10, 2014 on the books recorded as an intangible asset of $180,000. At December 31, 2014, the company assessed the value of this asset and continued to carry it as $180,000. At December 31, 2015, the company hired a firm that determined the value of this intangible asset has decreased $20,000.
b) Anna Corporation has purchased a company on December 1, 2015, as well as its list of customers valued at $300,000. Anna has exclusive rights to market to these customers for a period of six months. Anna determines that this list should be amortized straight-line over six months.