$($b$)$

The project is completed in $2025,$ and a successful patent is obtained. The $\backslash ($ R $\backslash$& D $\backslash )$ costs to complete the project are $\backslash (\backslash$$ $118,000\backslash ).$ The administrative and legal expenses incurred in obtaining patent number $472-1001-84$ in $2025$ total $\backslash (\backslash$$ $17,750\backslash ).$ The patent has an expected useful life of $5$ years. Record the costs for $2025$ in journal entry form. Also, record patent amortization $($full year$)$ in $2025.($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.$)$

Account Titles and Explanation

Research and Development Expense

$($To record research and development costs$)$

$($To record legal and administrative costs$)$

$($To record one year's amortization expense$)$ In $2026,$ the company successfully defends the patent in extended litigation at a cost of $\backslash (\backslash$$ $52,800\backslash ),$ thereby extending the patent life to December $31,2033.$ What is the proper way to account for this cost? Also, record patent amortization $($full year$)$ in $2026.($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

$\backslash (\backslash$square $\backslash )1$

$($To record legal cost of successfully defending patent$)$

$[$

$[$

$($To record one year's amortization$)$