The intangible assets section of Sarasota Corporation's balance sheet at December 31, 2022, is presented here. Patents ($80,800 cost less $6,700 amortization) $74,100 Copyrights ($46,000 cost less $35,500 amortization) 10,500 Total $84,600 The patent was acquired in January 2022 and has a useful life of 10 years. 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 Jan.- June Sept 1 Oct. 1 Paid $36,000 legal costs to successfully defend the patent against infringement by another company. Developed a new product, incurring $232,000 in research and development costs. 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 $40,000. Paid $49.500 to a quarterback to appear in commercials advertising the company's products. The commercials will air in September and October. Acquired a copyright for $298,000. The copyright has a useful life and legal life of 50 years. (a) Prepare journal entries to record the transactions. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select