Assume that a company incurs SAR 160,000 in legal costs on January 1, 2021, to successfully defend a patent.

The patent's useful life is 20 years, amortized on a straight-line basis. The journal entry recorded for

amortization at the end of 2021 would be:

O a.

Debit Patent amortization expense 8,000 and Credit Patent 8,000

O b.

Debit Patent 8,000 and Credit Amortization Expenses 8,000

O c. Debit Legal expense 8,000 and Credit Patent 8,000

O d.

Debit Patent amortization expense 8,000 and Credit Cash 8,000