Exercise 9-13 Sheridan Company incurred the following costs in 2019. 1/2/19 Purchased patent (6-year life) 4/1/19 Goodwill purchased (indefinite life) 7/1/19 9-year franchise; expiration date 7/1/2028 9/1/19 Research and development costs $462,000 360,000 369,000 172,500 Prepare the necessary entries to record these transactions. All costs incurred were for cash. Make the adju as of December 31, 2019, recording any necessary amortization. (Credit account titles are automatica when amount is entered. Do not indent manually. Record journal entries in the order presented problem. If no entry is required, select "No Entry" for the account titles and enter o for the amo Date Account Titles and Explanation Debit Credit