Due to rapid turnover in the accounting department, a number of transactions involving intangible assets were improperly recorded by Goins Company in 2017. Goins developed a new manufacturing process, incurring research and development costs of $150,000. The company also purchased a patent for $63,000. In early January, Goins capitalized $213,000 as the cost of the patents. Patent amortization expense of $21, 300 was recorded based on a 10-year useful life. On July 1, 2017, Goins purchased a small company and as a result acquired goodwill of $89,000. Goins recorded a half-year's amortization in 2017, based on a 50-year life ($890 amortization). The goodwill has an indefinite life. Prepare all journal entries necessary to correct any errors made during 2017. Assume the books have not yet been closed for 2017