Early in the current year, Nathan Company entered into the following cash transactions:

a.	Registered a patent. Research and development costs for the patent were $75,000. Legal fees incurred in registration were $7,500.
b.	Purchased a franchise with an unlimited life with payment of a $35,000 initial franchise fee and a $5,000 operating fee.
c.	Purchased laboratory equipment costing $175,000. The equipment, with an estimated life of ten years and no residual value, will be used in a variety of research projects.
d.	Purchased a patent from Asteroid Company at a cost of $40,000. The patent is believed to have an estimated useful life of ten years.
e.	Registered a trademark that was developed by Nathan's advertising department at a cost of $11,000. Registration fees were $500, and the legal fees incurred were $1,500. The trademark is expected to last indefinitely.

Required: Prepare journal entries to record each transaction, including appropriate amortization for the year. Unless a better alternative is indicated, amortize the intangibles over their legal lives.