32. Make journal entries for the following transactions: a) Goodwill was acquired in a purchase for $410,000 at the beginning of the current year. It is expected to last 15 years. Present the adjusting entry to amortize the goodwill for the current year. b) A patent was acquired for $600,000 at the beginning of the current year and is expected to have value for 4 years. Present the adjusting entry to amortize the patent for the current year. c) Mineral rights on an ore deposit estimated at 5,000,000 tons of ore were acquired for $3,000,000. Present the adjusting entry to record depletion for the current year, during which 350,000 tons of ore were removed. d) A machine with a cost of $40,000 and accumulated depreciation of $27.500 is sold for $10,000. Present the journal entry to record this transaction. , 1 2 3 # Account Debit Credit