A company purchased a patent for $1,425,000. The useful life is expected to last 20 years. The journal entry to record the amortization expense for the first year includes OAA debit to amortization expense for $ 71,250 OB. A debit to accumulated amortization for $ 71,250. OCA credit to accumulated amortization for $ 47,500 OD.A debit to amortization expense for $ 47,500