The following transactions involving intangible assets of Johnson & Sons Company occurred on or near July 31, 2020. Complete the chart below by writing the journal entry (ies) needed on that date to record the transaction and on December 31, 2021 to record any resultant amortization. If no entry is required on a particular date, write "none needed." (Note: 1. each item is independent of others; 2. you may not use all rows/columns of the provided tables) A BI 1. Johnson & Sons paid Marle Company $200,000 for the exclusive right to market a particular product, using the Marle name and logo in promotional material. The franchise runs for as long as Johnson & Sons is in business. (4 points) Account Debit Credit 1) On July 31, 2020 (2) On December 31, 2021 2. On July 31, 2020, Johnson & Sons' application for a patent was granted. Legal and registration costs incurred were $150,000. The patent runs for 10 years. The manufacturing process will be useful to Johnson & Sons for 5 years. (4 points) Account Debit Credit (1) On July 31, 2020 (2) On December 31, 2021 3. Johnson & Sons incurred $180,000 in an unsuccessful patent defense. As a result of the adverse verdict, the patent, with a remaining unamortized cost of $200,000, is deemed worthless. (4 points) Account Debit Credit (1) On July 31, 2020 (2) On December 31, 2021 4. Johnson & Sons paid Fargo Laboratories $100,000 for research and development work performed by Fargo under contract for Johnson & Sons. The benefits are expected to last 8 years. (4 points) Account Debit (1) On July 31, 2020 Credit (2) On December 31, 2021