Jaina Corporation purchases a patent from Monty Company on January 1, 2020, for $99,120. The patent has a remaining legal of 16 years. Jaina feels the patent will be useful for 10 years. Assume that at January 1, 2022, the carrying amount of the patent on Jaina's books is $79,296. In January, Jaina spends $23,600 successfully defending a patent suit. Jaina still feels the patent will be useful until the end of 2029. Prepare Jaina's journal entries to record the amortization for 2020 and 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 2020 2022