Brush Company engaged in the following transactions at the beginning of 2019: a. Purchased a patent (Patent A) for $70,000 that had originally been filed in January 2013. The purchase was made to protect another patent (Patent B) that the company had filed for in January 2015 and subsequently received. b. Purchased the rights to a novel by a best-selling novelist in exchange for 10,000 shares of $10 par value common stock selling for $60 per share. The book is expected to sell 1,500,000 copies over the next 3 years with no significant sales of the novel expected beyond 3 years. c. Purchased the franchise to operate a ferry service from the state government for $10,000. A bridge has been planned to replace the ferry, and the bridge is expected to be completed in 5 years. Brush hopes that the ferry will continue as a tourist attraction, but profits are expected to be only 20% of those earned before the bridge is opened. d. Paid $28,000 of legal costs to successfully defend the patent acquired in Transaction a. e. Paid a race car driver $50,000 to have the Brush Company name prominently displayed on the race car for 2 years. Required: 1. Prepare the journal entries to record the preceding transactions. 2. Prepare the journal entries to record the amortization of intangible assets for 2019, if appropriate. Amortize over the legal life unless a better alternative is indicated.