Take me to the text Teagan Company purchased a patent from Marquette Limited for $187,200 on January 1,2021 . The patent has a remaining useful life of six years. Required a) Prepare the journal entry to record the purchase. Do not enter dollar signs or commas in the input boxes. b) Prepare the journal entry to record amortization for one year on December 31, 2021. The company does not use the half-year rule. Assume the straight-line method of depreciation is used