Bramble Corporation purchases a patent from Cullumber Company on January 1, 2020, for $69,000. The patent has a remaining legal life of 12 years. Bramble feels the patent will be useful for 10 years. Prepare Bramble'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.) ccount Titles and Explanation Patents Cash o record purchase of patents) Amortization Expense Patents o record amortization of patents) Debit 69000 11300 Credit 69000 11300