Looking for assistance for these adjusting journal entries...

Goodwill balance is currently: $35,500 GAAP and PCC guidance offers 10 year amortization.

Goodwill Balance - 35,500) of = 3550 BUSTA K. No amortization has been recorded for Bust-A-Move Snowboard's intangible assets. Goodwill was acquired through Bust-A-Move Snowboard's purchase of TJX Shoppe in 2010. The Company has made the election prospectively in the current year to amortize per the PCC guidance. No impairment has been noted. L. The patent was acquired in 2018 after years of research and development. Legal fees for the patent were $15,500 on January 1, 2018. On that date patent was deemed to have a useful life of 5 years. On December 1, 2018 Bust-a-Move Snowboard, Inc. successfully defended its patent from Burton Snowboards. The costs incurred amounted to $15,000. This transaction has not yet been recorded and has extended the useful life of the patent for 8 years from the date of defense. Any costs incurred were paid in cash. MOVE