S9-12 (similar to) Question Help On October 1, 2018, Expert Company purchased a patent for $57,600 cash. Although the patent gives legal protection for 20 years, the patent is expected to be used for only four years. Read the requirements Requirement 1. Journalize the purchase of the patent. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Oct. 1 Requirements 1. Journalize the purchase of the patent. 2. Journalize the amortization expense for the year ended December 31, 2018. Assume straight-line amortization Choose from any list or enter any nu Print Done parts remaining Check