The intangible assets section of Pina Colada Corp's balance sheet at December 31. 2022, is presented here. The patent was acquired in January 2022 and has auseful life of 10 vears. The copyright was acquired in January 2016 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2023. Jan.2 Paid $36,000 legal costs to successfully defend the patent against intringement by another company. Jan-fuly Developed a new product, incurring $148,000 in research and development costs daring February: A patent was granted for the product on July 1, and its useful life is equal to its legal life. Legal and other costs for the patent were $20.000. Sept. 1. Paid $53,000 to a quar ter buck to appear in commercials advertising tho companys products, The commercials aiced inseptember. Oct. 1 Acquired a coppright for $140,000. The coprright has a useful life and legal life of 50 veark. Question 8 of 8 Prepare journal entries to record the transactions. (Credit occount titles are outomotically indented when ansount is entered. Do not indent manually. Recond journal entries in the order presented in the problem. If no entry is remaired, select "No Entry" for the account titles and enter O for the amounts.)