please solve for all the boxes marked incorrect. thank you for all that you do

Janes Company provided the following information on intangible assets: a. A patent was purchased from the Lou Company for $950,000 on January 1,2022 Janes estimated the remaining usefut uife of the patent to be 10 yeors. The patent was carred on Lou's accounting records at a net book value of $400,000 when Lou sold it to Janes. b. During 2024 , 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 c. Janes incurred research and development costs in 2024 as follows: d. Effective January 1, 2024, 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 entrles necessary for years 2022 through 2024 to reflect the above informanion. 2. Prepare a schedule showing the intangible asset section of Janes's December 31,2024 , balance sheet 1. Prepare the entries necessary for years 2022 through 2024 to reflect the above information. 2. Prepare a schedule showing the intangible asset section of Janes's December 31, 2024, balance sheet Complete this question by entering your answers in the tabs below. Prepare the entries necessary for years 2022 through 2024 to reflect the above information. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Prepare a schedule showing the intangible asset section of Janes's December 31,2024 , balance sheet. * Fud text indicates no responie was expected in a call or a formula-based calculation is incerrect; no points seducted