Question 15 of 15 < > View Policies Current Attempt in Progress Sheridan Company purchases a patent for $212,500 on January 2, 2022. Its estimated useful life is 17 years. -/3.3 (a) Prepare the journal entry to record amortization expense for the first year. (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 0 for the amounts.) Account Titles and Explanation (b) eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 1 used Submit Answer The parts of this question.must be completed in order. This part will be available when you complete the part above