Amortization of intangible assets

The amortization of intangible assets shall not be less than 10 years, then the amortization expense of the trademark rights developed by the company is: 500/10=50

The amortization period of the purchased patents is 6 years, then the amortization expense of the patent right is: 600/6=100

Then the company’s total annual amortization expense is 50 100=1.5 million yuan