Consider each of the transactions below All of the expenditures were made in cash The Edison Company spent 517.000 during the year for experimental purposes in connection with the development of a new product In April, the Marshall Company lost a patent infringement suit and paid the plaintiff S 10.000 In March, the Cleanaway Laundromat bought equipment Cleanaway paid $11,000 down and signed a noninterest-bearing note requiring the payment of $20, 500 m nine months The cash pace for this equipment was $28,000 On June 1. the Jansen Corporation installed a sprinkler system throughout the budding at a cost of $33,000 The Mayer Company, plaintiff, paid $17,000 m legal fees in November in connection with a successful infringement suit on its patent The Johnson Company traded its old machine with an original cost of S9.900 and a book value of $4 500 plus cash of $9,000 for a new one that had a fair value of $11, 500 The exchange has commercial substance Required: Prepare journal entries to record each of the above transactions (If no enl/y is required for a transaction/event, select "No journal entry required in the first account field.)