The intangible assets section of Bramble Company at December $31,2027,$ is presented here. Prepare journal entries to record the $2028$ amortization expense for intangible assets. $($List all debit entries before credit entries.

Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order

presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts.$)$

Credit

Amortization Expense

$($To record patents amortization$)$

$($To record franchise amortization$)($c$)$

Prepare the intangible assets section of the balance sheet at December $31,2028.$

Bramble Company

Balance Sheet $($Partial$)$

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$

eTextbook and Media

List of Accounts

The patent was acquired in January $2027$ and has a useful life of $10$ years. The franchise was acquired in January $2024$ and also has a

useful life of $10$ years. The following cash transactions may have affected intangible assets during $2028.$

Jan. $2$ Paid $$33,300$ legal costs to successfully defend the patent against infringement by another company.

Sept. Paid $$50,000$ to an extremely large defensive lineman to appear in commercials advertising the company's products. The

$1$ commercials aired in September and October.

Oct. $1$ Acquired a franchise for $$126,600.$ The franchise has a useful life of $50$ years.

Nov.$-$ Developed a new product, incurring $$139,000$ in research and development costs during December. A patent was

Dec. granted for the product on January $1,2029.$