Problem 9-5A (Part Level Submission) The intangible assets section of Bramble Corporation's balance sheet at December 31, 2017, is presented here. Patents ($00,500 cost less s8,850 amortization) $79,650 Copyrights ($45,s00 cost less $31,850 amortization) 13,650 Total $93,300 The patent was acquired in January 2017 and has a useful life of 10 years. The copyright was acquired in January 2011 and also has a useful life of 10 vears. The following cash transactions may have affected intangible assets during 2018. Jan Jan-June Developed a new product, incurring $246,000 in research and development costs. A patent was granted for the product on July 1, and its useful ife is equal to its legal ife. Legal and 2 Paid $27,000 legal costs to successfully defend the patent against Infringement by another company. other costs for the patent were $40,000 1 Paid $64,000 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October, 1 Acquired a copyright for $247,000. The copyright has a useful Ife and legal life of Sept Oct years PHINTER VERSION CALCULATO FULL SCREES eBACK Prepare journal entries to record the transactions (Record entries in the order displayed in the problem statement. 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 fer the amounts.) Date Account Titles and Explanation Debit Credit