The intangible assets section of Cendo Company at December 31, 2014, is presented below. Patents ($60,000 cost less $6,000 amortization) $54,000 Copyright ($36,000 cost less $25,200 amortization) 10,800 Total $64,800 The patent was acquired in January 2014 and has a useful life of 10 years. The Copyright was acquired in January 2008 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2015. Jan. 2 Paid $46,800 legal costs to successfully defend the patent against infringement by another company. Jan.-June Developed a new product, incurring $230,000 in research and development costs. A patent was granted for the product on July 1. Its useful life is equal to its legal life, legal and other cost for patent was $20,000. Sept. 1 Paid $40,000 to an extremely large defensive lineman to appear in commercials advertising the companys products. The commercials will air in September and October. Oct. 1 Acquired a copyright for $200,000; copyright has a useful life of 50 years. Please help me with journal entries to record the transactions above and journal entries to record the amortization expense...and the intangible assets section of the balance sheet for December 31, 2015.