The following are events and transactions of Vaksun Sdn Bhd (VSB) for the current year. Date Transaction VS8 purchased a patent for RM35,000 with a useful life of 10 years. 2 January 2021 VSB purchased a music distributor's collection of lyrics and 4 January 2021 songs with a 7%, 4-year, RM1,425,000 note. The copyrights are expected to last another 30 years. VSB incurred research costs of RM400,000 in 2021 in developing a new product. 15 June 2021 Required: Prepare the necessary entries to record the above transactions and adjusting entries as of 31 December 2021, recording any necessary amortization and reflecting all balances accurately as of that date. Ignore narrations and show all workings.