On Jamuary 1. 2022. Ivanhoe Company had a balance of $371.500 of goodwill on its balance sheet that resulted from the purchase of a mall butness in a prior year. The goodwill had an indefinite life. During 2022. the company had the following additional transactions. Jan 2 Purchased a patent (5year lite) $334,950. July 1 Acquired a 9year franchise eeplration date July 1.2.031. 55%,400, Sept. 1 Research and development cotts $184000, manably, 8 no entry it required scied TNa Entry" for the account titles and enter 0 for the anounts/ Date Account Titles and Explanation