Novak Company, organized in 2020 , has the following transactions related to intangible assets. (a1) Your answer is correct. Prepare the necessary entries to record these intangibles. All costs incurred were for cash. Make the adjusting entries as of December 31, 2022, recording any necessary amortization. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Goodwill Cash Franchises Cash 9/1/22 Research and Development Expense Cash 12/31/22 Amortization Expense Patents Franchises 164000 eTextbook and Media List of Accounts Attempts: 1 of 2 used Using multiple attempts will impact your score. 15% score reduction after attempt 1 Calculate ending balances as at 12/31/22