Pina Enterprises is a large Canadian company traded on the Toronto Stock Exchange. Pina purchased two copyrights during 2020. The first copyright was purchased on February 1 for $17,500 and was expected to have a useful life until the end of December, 2022. The second copyright was purchased on July 1 for $75,600 and was expected to have an indefinite useful life. Pina's fiscal year-end was December 31. On July 1, 2021, Pina paid $7,020 in legal fees to successfully defend the first copyright in court. On September 1, 2021, Pina determined that the second copyright would no longer have an indefinite useful life, and in fact would have a useful life of another 6 years, beginning September 1, 2021. On April 1, 2022, Pina sold the second copyright for $87,050. Prepare the journal entries on the books of Pina to record the above transactions. (Hint: don't forget the year-end amortization entries). (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 1, 2022 (To record amortization expense) Apr. 1, 2022 (To record disposal)