These are selected 2022 transactions for Sheridan Company. Jan. 1 Purchased a copyright for $102,000. The copyright has a useful life of 6 years and a remaining legal life of 30 years. Mar. 1 Sept. 1 Purchased a patent with an estimated useful life of 4 years and a legal life of 20 years for $51,600. Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite. Prepare all adjusting entries at December 31 to record amortization required by the events. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Dec. 31 Account Titles and Explanation Dec. 31 (To record copyrights amortization) (To record patent amortization) Debit Credit