Please look over my work on this problem involving intangible assets, I have completed most of the problem but I am struggling with d. and finishing 2.Please let me know if there are changes needed on my completed work and how to solve for d. and 2 thank you!

Janes Company provided the following information on intangible assets a. Apatent was purchased from the Lou Company for $950,000 on January 1, 2011. Janes estimated the remaining useful life of the patent to be 10 years. The patent was carried on Lou's accounting records at a net book value of $400,000 when Lou sold it to Janes. During 2013, a franchise was purchased from the Rink Company for $550,000. The contractual life of the franchise is 10 years and Janes records a full year of amortization in the year of purchase. Janes incurred research and development costs in 2013 as follows: b. c. Materials and supplies Personnel Indirect costs $145,000 185,000 65,000 Total $395,000 d. Effective January 1, 2013, based on new events that have occurred, Janes estimates that the remaining life of the patent purchased from Lou is only five more years. Required: 1. Prepare the entries necessary for years 2011 through 2013 to reflect the above information. (If no entry d for a particular transaction, select "No journal entry required" in the first account is r field.) View transaction list View journal entry worksheet No Date General Journal Debit Credit January 01 2011 Patent 950,000 Cash 950,000 December 31.Amortization expense 2011 95,000