During 2021, Sarasota Corporation spent $164,160 in research and development costs. As a result, a new product called the New Age Piano was patented. The patent was obtained on October 1, 2021, and had a legal life of 20 years and a useful life of 10 years. Legal costs of $36,720 related to the patent were incurred as of October 1, 2021. (a) Prepare all journal entries required in 2021 and 2022 as a result of the transactions above. (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 O for the amounts. List all debit entries before credit entries. Record entries in the order displayed in the problem statement.) Date Account Titles and Explanation 2021 Research and Development Expense 2021 Cash (To record research and development expenses) Patents Cash (To record legal expenses) 2021 Patent Expense 2022 Patents (To record amortization expense) Patent Expense Patents Debit 164,160 36,720 918 3,672 Credit 164,160 36,720 918 3,672