Your answer is partially correct.

In $2026,$ the company successfully defends the patent in extended litigation at a cost of $$52,000,$ thereby extending the patent life

to December $31,2033.$ What is the proper way to account for this cost? Also, record patent amortization $($full year$)$ in $2026.$

$($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. List all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

Patents

Cash

$($To record legal cost of successfully defending patent$)$

Amortization Expense

Patents

$($Tn resord nne vear's amortization$)$