Current Attemptin Progress Crane Corporation has the following selected transactions during the year ended December 31, 2021: Jan. 1 Mar. Purchased a copyright for $126,420 cash. The copyright has a useful life of six years and a remaining the 30 years. Acquired a franchise with a contract period of nine years for $541,080, the expiration date is March 1, 2030. Paid cash of $38,860 and borrowed the remainder from the bank. Purchased a trademark for $67,760 cash. As the purchase was being finalized, spent $38, 340 cash in kalfesto successfully defend the trademark in court. Sept. 1 Prepare the entries to record any amortization at December 31, assuming Amanista records adjusting entries sally List debit entries before credit entries. Credit account titles are automatically Indented when the amount is entered. Do not indent manual no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, 5,275) Date Account Tities and Explanation Debat Credit Dec. 31 (To record amortization expense on copyrights) Dec. 31 (To record amortization expense on franchises) ist of Accounts Attempts: 0 of 1 used Submit Pe for Later P T