4 points A. On July 1, 2020 ABC Co purchased a patent for $2.400,000. The patent legally protects the owner for 20 years and the company plans to me it for 30 years Required: Prepare the journal entry to record the portation expense on Dec 31, 2020 B. On January 1, 2017, Sa Co purchased equipment conting $312,000 The equipment has been deprecated in the straight line metode seated a value of 24.000 de useful life of 6 years on April 1, 2020, the company told the equipment for $140,000 cach Required repare journal entries to record 1. The partial year's depreciation (the update on April 1, 2020 2. The sale of the equipment on April 1, 2020 YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM DO NOT USE BETWEEN NUMBERS De Cash 10000 Ci Lund 10000