please help?

Due to rapid turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by Sandhill Co. in the year ended December 31,2024 : 1. Sandhill developed a new manufacturing process early in the year, incurring research and development costs of $247,500.0 Of this amount, 45% was considered to be development costs that could be capitalized. Sandhill recorded the entire $247,500 in the Patents account and amortized it using a 15-year estimated useful life. 2. On July 1, 2024. Sandhill purchased a small company and, as a result of the purchase, recorded goodwill of $490,000. Sandhill recorded a half-year's amortization on the goodwill in 2024 based on a 40 -year useful life and credited the Goodwill account. 3. Several years ago, Sandhill paid $74,000 for a licence to be the exclusive Canadian distributor of a Danish beer. In 2021 . Sandhill determined there was an impairment of $49,000 in the value of the licence and recorded the loss. In 2024, because of a change in consumer tastes, the value of the licence increased to $84,000. Sandhill recorded the $59,000 increase in the licence's value by crediting Impairment Loss and debiting the Licence account. Management felt the company should consistently record increases and decreases in value. Assuming that Sandhill reports under IFRS, prepare the journal entries that are needed to correct the errors made during 2024, (Credit account titles are outomatically indented when the 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 debit entry before credit entry. Round answers to 0 decimal ploces, eg. 5,276.) Assuming that Sandhill reports under IFRS, prepare the journal entries that are needed to correct the errors made during 2024 , Credt account tithes ore automatically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account tithes and enter O for the amounts, Lht debit entry before credit entry. Round answers to 0 decimal places, es. 5,276.)