Prepare the intangible assets section of the balance sneet Whispering Winds Corp. Balance Sheet (Partial) $ eTextbook and Media The intangible assets section of Whispering Winds Corp's balance sheet at December 31,2022 , is presented here The patent was acquired in January 2022 and has a usefullife of 10 years. The copyright was acquired in January 2016 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2023. Jan:2. Paid $18.000 legal costs to successfully defend the patent against infingement by another compary. Jan-July Developed a new product, incurring $142,000 in research and development costs during February. A patent was Hranted for the product on July 1. and its useful ilfe is equal to ita legal life. Legal and other costs for the patent were $20,000 Sept. 1 Paid $54.000 to a quarterback to appear in commercials advertising the company's products. The commercials air ed inseptember. Oct. 1 Acquired a copyright for $110,000. The copyright has a usefullife and legal life of 50 year5