Blue Ltd. purchased a patent on September 1, 2020 for $41,600. At the time of purchase, Blue estimated that the patent's economic benefits would last until the end of 2024 fiscal year. Blue's fiscal year-end is December 31. On April 1, 2023, Blue sold the patent to another company. (a) Your answer is partially correct. Prepare the journal entry to record the sale, assuming Blue sold the patent for $21,850. (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. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Cash Intangible Assets - Patents Accumulated Amortization - Patents Gain on Disposal of Intangible Assets 21850 41600 19750 2100