Make the entry as of December 31, 2025, recording any necessary amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Reflect all balances accurately as of December 31, 2025. Use straight-line amortization $ $ $ $ Ivanhoe Company, organized in 2024 , has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2025 . Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)