. 1 TMMON.01 TMZ TMMON 01 TMMON.01 1:1 TMS 06 Amortization Entries Kleen Company acquired patent rights on January 10 of Year 1 for $496,000. The patent has a useful life equal to its legal life of eight years. On January 7 of Year 4, Kleen successfully defended the patent in a lawsuit at a cost of $25,000 If required, round your answer to the nearest dollar. a. Determine the patent amortization expense for the Year 4 ended December 31. THE 2.0 7. BE 0.01 ALCO BE 02 ALCO 2 BE 09.03.ALGO 10. BE 050 ALGO 11 BE 09 OR ALGO 12. EX.09.10 ALGO 13. EX001Z ALGO b. Journalize the adjusting entry on December 31 of Year 4 to recognize the amortization. If an amount box does not require an entry, leave it blank. 94 EXO IT ALGO 15. EX 20 ALDO