Make an entry as of December 31,2022, recording ary necessary amortization. (Round onswers to 0 decimal places, eg 125, Credit account titles are outomatically indented when the omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) On January 1, 2022. Oriole Company had a balance of $397,000 of goodwill on its balance sheet that resulted from the purchase of a small business in a prior year. The goodwill had an indefinite life. During 2022, the company had the following additional transactions. Jan. 2 Purchased a patent (7-year life) $292,950. July 1 Acquired a 10-year franchise: expiration date July 1, 2032, $568,800. Sept. 1 Research and development costs $181,500