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answer this question. Grouper Corporation purchased a patent from MaFee Corp. on January 1, 2020, for $85,340. The patent had a remaining legal life of

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Grouper Corporation purchased a patent from MaFee Corp. on January 1, 2020, for $85,340. The patent had a remaining legal life of 17 years. Prepare Grouper's journal entries to record the 2020 patent purchase and amortization for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to O decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit (To record purchase of patent) (To record amortization expense)

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