Required Information The following information applied to the questions displayed below On January 1, 2021 weaver Corporation purchased a potent for $243.000. The remaining legalite is 20 years, but the company estimates the potent will be useful for only six more years. In January 2023, the company incurred legal foes of $63,000 in successfully defending a patent infringement sult. The successful defense did not change the company's estimate of useful life. Weaver Corporation's year-end is December 31 Required: 1. Record the purchase in 2021, amortization in 2021; monization in 2022; legal fees in 2023; and amortization in 2023. ( no entry in required for a particular transaction/event, select "No Journal Entry Required in the first account feld) View att Journal entry worksheet Record the potent purchase Niebo General Date Mary 01, 2025 Record by CY CP s 1 3 5 E R K H S D A Required information {The following information applies to the questions displayed below) On January 1, 2021. Weaver Corporation purchased a patent for $243,000. The remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. In January 2023, the company incurred legal fees of $63,000 in successfully defending a patent Infringement suit. The successful defense did not change the company's estimate of useful life. Wewer Corporation's year-end is December 31 Required: 1. Record the purchase in 2021; amortization in 2021; amortization in 2022: legal tees in 2023, and amortization in 2023. (1f no entry is required for a particular transaction event, select "No Journal Entry Required in the first account field) View transaction ist Journal entry worksheet Required information The following information applies to the questions displayed below On January 1, 2021. Weaver Corporation purchased a patent for $243,000. The remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. In January 2023, the company incurred legal fees of $63,000 in successfully defending a patent infringement suit. The successful defense did not change the company's estimate of useful life. Weaver Corporation's year end is December 31 Required 1. Record the purchase in 2021: amortization in 2021; amortization in 2022; legal fees in 2023; and amortization in 2023. anty is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Vlow wadon tuet Journal entry worksheet Record amortization on the patient. or sure Journal De December 31, 2023 andry

5 ya S. 3 B C Q W E R. Y U Required information The following information applies to the questions displayed below! On January 1, 2021. Weaver Corporation purchased a patent for $243,000. The remaining legal life is 20 years, but the company stimates the patent will be useful for only six more years. In January 2023, the company incurred legal fees of $63,000 n successfully defending a patent Infringement sult. The successful defense did not change the company's estimate of useful life. Weaver Corporation's year-endis December 31 Required: 1. Record the purchase in 2021; amortization in 2021, amortization in 2022; legal fees in 2023; and amortization in 2023. I no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field) View transaction lit Journal entry worksheet UB 2 ON 3