Current Attempt in Progress Due to rapid employee turnover in the accounting departinent, the following transactions involving intangible assets were improperly recorded by Sheridan Corporation. 1. Sheridan developed a new manufacturing process, incurring research and development costs of $125,000. The company also purchased a patent for $57,000. In early January. Sheridan capitalized $182,000 as the cost of the patents. Patent amortization expense of $9,100 was recorded based on a 20 -year useful life. 2. On July 1, 2022, Sheridan purchased a small company and as a result recorded goodwill of 593.000.5heridan recorded a haif. year's amortization in 2022, based on a 20 year life (\$2.325 amortization). The goodwill has an indefinite life. Prepare all Journal entrios necessary to correct any errors made during 2022. Assume the books have not yet been closed for 2022 (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 tities and enter 0 for the amounts)