The Family Company was expanding, and as a result they engaged in the following activities beginning in 2020 a. Paid $30,000 to the Major League Ballpark to have the Family name displayed on the billboard for three years. b. Purchased a franchise for $20,000 to operate trolley services around the city for tourists. The trolley service is expected to be decommissioned in 4 years due to the maintenance costs, there is hope that it will remain in service c Purchased a patent for $45,000. The patent was originally fled in 2015 d. The owner of the patent was a well known inventor and author who sold Family the rights to his novel in exchange for 5.000 shares of stock The stock has a $5 par value and is currently selling for $25 per share. The novel is pxpected to sell 1,000,000 copies in the next 2 years Required: Prepare the joumal entries to record the amortization of the intangble assets for 2020 Amortize over their legal Me unless otherwise noted