In the current year, Company A made the following cash purchsasos: 1. The exclusive right to magutacture and sall egulpment from Company 8 for 5203,000 . Compary 8 created the unique deslgn for the equipment. Company A also paid an additional $1t.500 in legal and filing fees to attorneys fo complete the transaction. 2. An initial fee of $260.000 for a three-year agreement with Compary C to use its name for a new facility in the local area. Conpany C has locations throughouit the country. Company A is required to pay an additional fee of $5.300 for each month it operates unster the Company C name, with piminents begirining in March of the current year Company A also purchased $403.000 of equipment to be placed in the new facility: 3. The exclusive right to sell a book, for $22.000. Required: Prepase a summary journal entry to record expenditures related to initlal acquisitions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field