00-0000-SZOCH/quesoortid Ch 9: Homework Question 13 of 13 0.04/15 Questio View Policies Show Attem History Current Attempt in Progress Question Sunland Company organized in 2020, has the following transactions related to intangible assets Question 1/2/20 $500,000 4/1/20 360o Questions Purchased patent-year lifel Goodwill purchased indefinite life 10year franchise: expiration date 7/1/2034 Research and development costs $32.000 7/1/20 9/1/20 150,000 Question Question Part 1 Question is correct Pre the necessities to record the ancie. Al costs incurred were for cash. Make the sting entries to V.U4+/ = account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit 4/1/20 Goodwill cash 100000DDIDI