Help needed urgently

Monty Corporation purchased a patent from MaFee Corp. on January 1, 2020, for $86,400. The patent had a remaining legal life of 15 years. In January 2022, Monty spends $26,970 successfully defending a patent suit. In addition, Monty now feels the patent will be useful only for another seven years. Prepare the journal entries to record the 2022 expenditure and amortization for the year. (Credit account titles are automatically indented when the 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. Round answers to 0 decimal places, e.g. 5,275.)

No.	Account Titles and Explanation	Debit	Credit
1.
	(To record disbursement related to patent)
2.
	(To record amortization expense)