Exercise 10-33 (Algo) Intangibles; start-up costs [LO10-1, 10-8] Freitas Corporation was organized early in 2024. The following expenditures were made during the first few months of the year: Required: Prepare a summary journal entry to fecord the $119,000 in cash expenditures. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field