Your answer is partially correct. As the recently appointed auditor for Flounder Corporation, you have been asked to examine selected accounts before the 6 -month financial statements of June 30,2025 , are prepared. The controller for Flounder Corporation mentions that only one account is kept for intangible assets. The account is shown below. Prepare the entries necessary to correct this account. Assume that the patent has a usefullife of 10 vears. ICrefit octount tibles are outomotically indented when amount is entered. Do not insent monually. If no entry is required, select "No Entry' for the occount ticles and enter O for the amounts. (ist all debit entries before credit meries) enter O for the amounts. List all debit entries before credit entrits)