Exercise 12-16 (Part Level Submission) Cullumber Company from time to time embarks on a research program when a special project seems to offer possibilities. In 2016, the company expends $332,000 on a research project, but by the end 2016 it is impossible to determine whether any benefit will be derived from it (b) Complete the project are $122,000. The a and legal expenses tnurred in obtaining pate dit The pro 1001-94 i 20-01, a srul patent is obtained. The Ra 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 0 for the amounts.) Credit Account Titles and Explanation Debit (To record research and development costs) (To record legal and administrative costs) (To record one year's amortization expense)