ACCOUNTING FOR INTANGIBLE ASSETS - PATENT Bill Gates acquired patent rights on Sept 30, 2019 on new Microsoft software that costs $4,500,000. It has an estimated economic life of 20 years. a. Journalize the adjusting entries for the amortization of the patent rights for 2019. (4 pts) b. Calculate the accumulated amortization at December 31, 2020 (same concept as accumulated depreciation). (2 pts) A B I FfT AT calculation for part (a) Date Dec 31, 2019 (5 Journal Details Dr S Cr $