Conslder each of the transactions below. All of the expenditures were made In cash. 1 The Edison Company spent $17.000 during the year for experimental purposes In connection with the development of a new product. 2 In Aprl, the Marshall Company lost a patent Infringement sult and pald the plalntff $10.000. 3. In March,the Cleanway Laundromat bought equipment. Cleanway pald $11,000 down and signed a noninterest-bearing note requiring the payment of $20,500 In nine months. The cash price for this equipment was $28,000. 4 On June 1, the Jamsen Corporation Installed a sprinkler system throughout the bullding at a cost of $33,000. 5. The Mayer Company. plaintiff. pald $17,000 In legal fees In November, In connection with a successful Infringement sult on its patent. 6. The Johnson Company traded Its old machine with an orlginal cost of $9,900 and a book value of $4,500 plus cash of $9,000 for a new one that had a falr value of $11,500. The exchange has commercial substance. Required: Prepare journal entries to record each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.)