Current Attempt in Progress Riverbed Company, organized in 2020, has the following transactions related to intangible assets. 1/2/22 Purchased patent (5-year life) 4/1/22 Purchased a small compaly and as a result recorded goodwill. (indefinite life) 7/1/22 Acquired 12-year franchise; expiration date 7/1/2032 9/1/22 Incurred research and development costs $380,000 360,000 600,000 171,000 Prepare the necessary entries to record these intangibles. All costs incurred were for cash. Make the adjusting entries as of December 31, 2022, recording any necessary amortization. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

adjusting entries as of December 31, 2022, recording any necessary amortization. (List al before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)