Blue Corporation purchases a patent from Crane Company on January 1, 2020, for $57,000. The patent has a remaining legal life of 14 years. Blue feels the patent will be useful for 10 years. Prepare Blue's journal entries to record the purchase of the patent and 2020 amortization. (Credit account titles are automatically indented when 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.) Account Titles and Explanation (To record purchase of patents) (To record amortization of patents) Debit Credit