The following information relates to the intangible assets of University Tesing Services (UTS o. On January 1, 2018, UTS completed the purchase of Heinrich Corporation for S3,510,000 in cash. The fair value of the net identifiable assets of Heinrich was $3.200,000. b. Included in the assets purchased from Heinrich was a patent valued at $82.250. The original legal life of the patent was 20 years; there are 12 years remaining. but UTS believes the patent will be useful for only seven more years. c. UTS acquired a franchise on July 1, 2018, by paying an initial franchise fee of $333,000. The contractual life of the franchise is 9 years value Required Information 3.57 points You did not receive full credit for this question in a previous atempt Required 1. Record amortization expense for the intangible assets at December 31, 2018 (If no entry is required for a transaction/event, select No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Goodwil 310,000 Goodwill Amortization expense 82.250 Patents 78,138 333.000 Amortization expense Franchises