Kleen Company acquired patent rights on January 10 of Year 1 for $857,700. The patent has a useful life equal to its legal life of eight years. On January 7 of Year 4, Kleen successfully defended the patent in a lawsut at a cost of $36,000 Required: & Determine the patent amortization expenso for Year 4 ended December 31 b. Journalize the adjusting entry on December 31 of Year 4 to recognize the amortization. Hefer to the Chart of Accounts for exact wording of accounts Starting question a Determine the patent amortization expense for Year 4 ended December 31. Round your answer to the nearest whole dolar. Journal B. Joumal to the adjusting entry on December 3t of Year 4 to recognize the amortization. Refer to the Chart of Accounts for exact wording of accounts ME! JOURNAL ACCOUNTING EQUATION DATE POST DET DESCRIPTION Adjusting CREDIT ASSETS CALITIES EQUITY