PLEASE SOLVE THIS QUESTION

Prepare journal entries to record the purchase of intanpble assets and armortization expenses on Decomber 31, 2019 (whece necessacy) for each of the following independerit questions 1- On January 1. Hector, Ino dominatns the shack food inddistry with its Tasky Crip brand: Assime that Hector, lnc, purchated Grunchy Snacks, Inc, for $108 milion eash. The market value of Concord Snacks assots is $18 milian. and Concoud Snacks has iablitins of 512mili on. 2. The corvany duveloped a new product by sgenden $300,000 on research and devolopment and 580,000 on an agtwetising conristry to advertise the new product On Apol 30, the company appliod for a pateot to grotoct the unique product itbe The appleation cots la \$40.000, If also pald rogibtrabon loes of 512,000 to , aetle some legai issues retated to the punert The conpany nesdi to poy a permit of $00 to the goverament at the beginning of each yoar. Tho uselu bfa io equal se the patent legai lite. 3- On Eoptechber 14 a company purchaned a fanchise to operite Sea-tucks the 51, 500.000, The compsey alab paid a training coet for the emploves of 550.000 ; the purchase of a buitdre 10 use as the rostayrant of 9900,000 , purchase nquigment of 5000.600 ; roncvation cost for the buiding of 550.000 , franchine registration cost of $20,000 and annual permit of 35,000 . The tranchion apreement is lor indefrece the. 4. On May 1, a cenpany purchased cepyrigte to produce new musin bom siang Muse waith 52,000,000. The eompany alao-pais 5300,000 tor logal fees. The coppright in for son war