Blossom Corp. obtained a tradename in January 2024, incurring legal costs of $72,720. The company amortizes the tradename over 8 years using the straight-line method. Blossom successfully defended its tradename in January 2025, incurring $19,796 in legal fees. At the beginning of 2026, based on new marketing research, Blossom determines that the fair value of the tradename is $60,600. Estimated future net cash flows from the tradename are $64,640 on January 4, 2026. Prepare the necessary journal entries for the years ending December 31, 2024, 2025, and 2026. (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. Record entries in the order displayed in the problem statement.) Date Account Titles and Explanation .31, 2024 Amortization Expense Amortization Expense .31.2025 Amortization Expense Tradenames Debit 9090 11918 .31.2026 Loss on Impairment 6868 Tradenames .31.2026 Amortization Expense 10100 Tradenames Amortization Expense Credit 9090 11918 6868 10100