Required 1 Required 2 Prepare the entries necessary for years 2016 through 2018 to reflect the above information. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Date General Journal Credit January 01, 2016 Patent 1,350,000 1,350,000 No Debit 1 Cash 2 135,000 December 31, 201 Amortization expense Patent 135,000 3 > 135,000 December 31, 201 Amortization expense Patent 135,000 4 December 31, 201 Franchise Cash > 5 December 31, 201 No Transaction Recorded 6 December 31, 201 No Transaction Recorded 7 December 31, 201 Amortization expense Patent Required Required 2 Required: 1. Prepare the entries necessary for years 2016 through 2018 to reflect the above information. 2. Prepare a schedule showing the intangible asset section of Janes's December 31, 2018, balance sheet. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule showing the intangible asset section of Janes's December 31, 2018, balance sheet. Partial Balance Sheet December 31, 2018 Intangible assets: Total intangibles $ 0