Please don't write "amortization" because that is not an option in the homework website. Thank you.

Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by Pina Colada Company in 2022. 1. Pina Colada developed a new manufacturing process, incurring research and development costs of $148,000. The company also purchased a patent for $52,000. In early January, Pina Colada capitalized $200,000 as the cost of the patents. Patent amortization expense of $20,000 was recorded based on a 10 -year useful life. 2. On July 1, 2022, Pina Colada purchased a small company and as a result recorded goodwill of $99,000. Pina Colada recorded a half-year's amortization in 2022 , based on a 50-year life ( $990 amortization). Prepare all journal entries necessary to correct any errors made during 2022. Assume the books have not yet been closed for 2022. (List all debit entries before credit entries. 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.) No. Account Titles and Explanation Debit Credit 1. (To correctly report the patent) (To correctly report the amortization expense) 2