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On January 4,2019 . Franc Company purchased for 524,000 a palent that had been fled & years eariet The patant covers a manutachuring process that

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On January 4,2019 . Franc Company purchased for 524,000 a palent that had been fled \& years eariet The patant covers a manutachuring process that the company plans to use for 15 years. On January 3, 2020, the company paid its lawyers $11,000 for suocesstully defending the patent in a lawsuit. Required: Prepare all the joumat enties associated wat the patent in 2019 and 2020

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