the entry to record one year's amortization for the year ending December 31, 2020 is:

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Bleach Manufacturing purchase a patent from Blond Inc. for $30,000 on January 1, 2020. The patent has 6 years remaining on its term and is expected to bring in revenues to the company for the whole six years. The entry to record one year's amortization for the year ending December 31, 2020 is: Select one: a. Debit Accumulated Amortization - Patents $5,000 Credit Amortization Expense - Patents $5,000. b. Debit Accumulated Amortization - Patents $30,000, Credit Amortization Expense - Patents $30,000. c. Debit Amortization Expense Patents $30,000, Credit Accumulated Amortization - Patents $30,000, d. Debit Amortization Expense Patents $5,000, Credit Accumulated Amortization - Patents $5,000. Next page