Record amortization expense for the intangible assets at December $31,2024.($If no entry is required for a transaction$/$event$,$ select $"$No

Journal Entry Required" in the first account field.$)$

Journal entry worksheet

On January $1,2024,$ Lettuce Express completed the purchase of Farmers

Produce, Incorporated, for $$1,560,000$ in cash. The fair value of the

identifiable net assets of Farmers Produce was $$1,404,000.$ Record the

amortization of goodwill at December $31,2024,$ if required.

Note: Enter debits before credits.