As the recently appointed auditor for Grouper Corporation, you have been asked to examine selected accounts before the 6 -month financial statements of June 30, 2025, are prepared. The controller for Grouper Corporation mentions that only one account is kept for intangible assets. The account is shown below. Prepare the entries necessacy to correct this account. Assume that the patent has a useful zife of 10 years (Credit occount titles are outomatically indented when amount is entered. Do not indent monuolly. If no entry is required, select "No Entry" for the occount bties and enter 0 for the amounts List all debit entries before credit entried As the recently appointed auditor for Grouper Corporation, you have been asked to exarnine selected accounts before the b-month financial statements of June 30, 2025, are prepared. The controller for Grouper Corporation mentions that only one account is kept for intangible assets. The acrount is shown below: Prepare the entries necess ary to correct this account: Assume that the patent has a iselullife of 10 years, (Credit occount lities ore outomaticolly indented when amount is entered. Do not indent monually, If no entry is requined, selact "No Entry" for the account fitles and enter 0 for the omounts. List all debit entries before credit entries.)