During 2016, Ayayai Corporation spent $175,680 in research and development costs. As aresult,a new product called the New Age Piano was patented. The patent was obtained on Octaber 1, 2016, and had a legal life af 20 years and a useful life af 10 years. Legal casts of $49,60 related to the palent were incurred as of Oclober 1. 2016. Prepare all journal entries required in 2016 and 2017 as arrsult of the transactions abor. (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 titles and enter for the amounts) Date Account Titles and Explanation Debit Credit 2016 (To record research and development expenses) 2016 (to record legal expenses) 2016 (To record amortzation expense) 2017