On June 1, 2023, Sheffield spent $10,440 to successfully prosecute a patent infringement suit. As a result, the life was extended to 12 years from June 1, 2023. Prepare all journal entries required in 2023 and 2024. (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 O for the amounts. List all debit entries before credit entries. Record entries in the order displayed in the problem statement.) Date Account Titles and Explanation 2023 Patents 2023 Cash (To record cost of infringement suit) Amortization Expense Patents (To record amortization expense) 2024 V Amortization Expense Patents Debit 10440 435 870 Credit 10440 870 870