As the recently appointed auditor for Sarasota Corporation, you have been asked to examine selected accounts before the 6-month financial statements of June 30,2025, are prepared. The controller for Sarasota Corporation mentions that only one account is kept for intangible assets. The account is shown below. Prepare the entries necessary to correct this account. Assume that the patent has a useful life of 10 years. (Credit occount titles are automatically indented when omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter o for the omounts. Llst aff debit entries before credit entries) Prepare the entries necessary to correct this account. Assume that the patent has a useful life of 10 years. (Credit cccount titles are automatically indented when amount is entered. Do not indent monually, If no entry is recuired, select "No Entry" for the occount titles and enter 0 for the amounts. List all debit entries before credit entries)