Sheridan Corporation purchases a patent from Sunland Company on January 1, 2020, for $95,760. The patent has a remaining legal of 16 years. Sheridan feels the patent will be useful for 10 years. Assume that at January 1, 2022, the carrying amount of the patent on Sheridan's books is $76,608. In January, Sheridan spends $22,800 successfully defending a patent suit. Sheridan still feels the patent will be useful until the end of 2029. Prepare Sheridan's journal entries to record the amortization for 2020 and 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
2020
2022