Problem 9-8A Due to rapid turnover in the accounting department, a number of transactions involving intangible assets were improperly recorded by Splish Brothers Company in 2019. 1. Splish Brothers developed a new manufacturing process, incurring research and development costs of $142,000. The company also purchased a patent for $59,000. In early January, Splish Brothers capitalized $201,000 as the cost of the patents. Patent amortization expense of $20,100 was recorded based on a 10-year useful life. On July 1, 2019, Splish Brothers purchased a small company and as a result acquired goodwill of $100,000. Splish Brothers recorded a half-year's amortization in 2019, based on a 50-year life ($1,000 amortization). The goodwill has an indefinite life. 2. Prepare all journal entries necessary to correct any errors made during 2019. Assume the books have not yet been closed for 2019. (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.) No. Account Titles and Explanation Debit Credit 1. (To record research and development expense) (To reverse amortization expense) Click if you would like to Show Work for this question: Open Show Work