The following transactions involving intangible assets of Cunningham Corporation occurred on or near December 31, 2021.

1 Cunningham spent $763,000 developing a new manufacturing process during 2021. In January, 2022, Cunningham's application for a patent was granted. Legal and registration costs incurred were $75,000. Cunningham doesn't expect to benefit from the patent for its entire 20-year legal life but estimates that the manufacturing process will be profitable for approximately nine years.

2 Cunningham paid Stellar Company $500,000 plus 5% royalties for the exclusive right to market a particular product, using the Stellar name and logo in promotional material. Cunningham has the right to market the product for as long as it is profitable. In 2022, Cunningham recorded $400,000 in sales of this product.

3 Cunningham incurred $120,000 of legal costs on 7/1/21 in successfully defending one of its patents in an infringement suit. The carrying value of this patent before the litigation was $320,000. The patent expires in December 2028.

4 Cunningham had a patent for waste management with a CV of $360,000 at the end of 2021. Late in 2021, Cunningham incurred $60,000 of costs in an unsuccessful patent defense. As a result of the adverse verdict, in 2022 Cunningham determines that the patent is virtually worthless.

5 Cunningham paid Becker Laboratories $220,000 for research and development work performed under contract for Cunningham. The benefits are expected to last six years.

6 When Cunningham purchased Fromme Company four years ago, several unrecorded intangible assets were identified and recorded. Still, there was an excess of purchase price over net identifiable assets of $640,000. At 12/31/22, the Fromme Divisions net identifiable assets, including goodwill, have a carrying amount of $1,425,000. The fair value of the Division's expected future net cash flows (undiscounted) is $1,500,000, and its fair value is estimated to be $1,350,000.

7 Cunningham acquired a copyright from Tanner Company on March 31, 2021, for $1,200,000 with five years left on its legal life. At 12/31/22, its expected future net cash flows (undiscounted) are $750,000, and the discounted future net cash flows are $620,000.

Write the journal entry(ies) needed at that date of the transactions listed above and any journal entries for transactions or adjustments that are needed in 2022. Make separate columns for 2021 and 2022 journal entries; include dates in the JEs if they are available in the question. Number the sets of entries by the question number. Hece, you will have 7 sets that will include all entries for that question. If no entry is required for a particular question or year, write "no JE needed."