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Higgins Ski Resort spent several years developing a new snow$-$making machine. Its lawyer suggested patenting the machine. The company obtained the patent on January $1,2021.$ The company paid $$190,000$ to the lawyer, $$15,000$ to the government for the patent and $$10,000$ in additional fees.

Required

a$)$ Prepare the journal entry to record the full cost of the patent.

Do not enter dollar signs or commas in the input boxes.

$\backslash$table$[[$Date$,$Account Title and Explanation,Debit,Credit$],[$Jan $1,,,],[,,,],[,,,],[,$To record the total relevant patent fees,,$]]$

b$)$ The patent has an estimated life of $20$ years. Prepare the journal entry to record amortization for one year on December $31,2021.$

Round your answers to the nearest whole number.

$\backslash$table$[[$Date$,$Account Title and Explanation,Debit,Credit$],[$Dec $31,,,],[,$To record amortization for the year,,$]]$