Wildhorse Co., organized in 2019 , has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2020 and 2021. Prepare the necessary entries to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles. Make the entries as of December 31, 2021, recording any necessary amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (To record current amount for Franchises) (To record current amount for Rents) (To record current amount for Patents) Reflecting all balances accurately as of that date. (Ignore income tax effects.) $ $ $ $