During $2021,$ Bramble Corporation spent $$146,880$ in research and development costs. As a result, a new product called the New Age Piano was patented. The patent was obtained on October $1,2021,$ and had a legal life of $20$ years and a useful life of $10$ years. Legal costs of $$19,440$ related to the patent were incurred as of October $1,2021.$

In $2025,$ Bramble determined that a competitor's product would make the New Age Piano obsolete and the patent worthless by December $31,2026.$ Prepare all journal entries required in $2025$ and $2026.($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 debit entry before credit entry.$)$

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