Sunland Corporation purchases a patent from Carla Vista Company on January $1,2024$ for $$97,440.$ The patent has a remaining legal life of $16$ years. Sunland feels the patent will be useful for $10$ years. Assume that at January $1,2026,$ the carrying amount of the patent on Sunland's books is $$77,952.$ In January, Sunland spends $$23,200$ successfully defending a patent suit. Sunland still feels the patent will be useful until the end of $2033.$

Prepare Sunland's journal entries to record straight$-$line amortization for $2024$ and $2026.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $O$ for the amounts. List all debit entries before credit entries. Record entries in the order displayed in the problem statement.$)$