Required information The following information applies to the questions displayed below.) On January 1, 2021, Weaver Corporation purchased a patent for $258,000. 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 $78,000 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. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 4 5 Record amortization on the patent. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2021 {The following information applies to the questions displayed below.) On January 1, 2021. Weaver Corporation purchased a patent for $258,000. 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 $78,000 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. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet