Question: m. .. . .n 1, mm ....... w... ..,... -............ company estimated that the patent will be useful only for eight years. In January 2023,

m. .. . .n 1, mm ....... w"... ..,... -............ company estimated that the patent will be useful only for eight years. In January 2023, the company incurred legal fees 1 On January 2. 2021. David Corporation purchased a patent for $100,000. The remaining legal life is 12 years. but the of $105,000 in successfully defending a patent infringement suit The successful defense did not change the company's 23-75 estimate of useful life. points Required: Prepare journal entries related to the patent for 2021, 2022, and 2023. [Do not round intermediate calculations. If no EBODK entry is required for a transactionievent, select "No journal entry required\" In the first account field.} Hint View transaction list Journal entry worksheet Record amortization of the patent for the year 2023. Note: Enter debits before credits' 09092'3393" 31' Amortization aspene -- 'atent

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