Assume that on January 1, 2023, Marigold Ltd. pays $187,500 to acquire a patent (alternatively, you could assume it incurs $187,500 in legal costs to successfully defend an internally developed patent). Further, assume that the patent has a remaining useful life of 15 years and is amortized on a straightline basis. What journal entries should be made to record the $187,500 expenditure on January 1,2023 , and amortization at the end of 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 O for the amounts. List all debit entries before credit entries.)