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 lawsuit at a cost of $36,000. Required: a. Determine the patent amortization expense for Year 4 ended December 31. Round your answer to the nearest whole dollar. b. Journalize the adjusting entry on December 31 of Year 4 to recognize the amortization. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit aunt is entered. Dec. 31 Amortization Expense-Patents