Answer:
See the journal entries below.
Explanation:
The journal entries will look as follows:
<u>Date Description Debit ($) Credit ($) </u>
2016 Research and Development Expense 178,560
Cash 178,560
<u><em> (To record research and development costs.) </em></u>
Patents 30,000
Cash 30,000
<u><em> (To record legal expenses.) </em></u>
Patent Amortization Expense 750
Patents [($30,000 / 10) * (3/12)] 750
<u><em> (To record patent amortization for 2016.) </em></u>
2017 Patent Amortization Expense 3,000
Patents ($30,000 / 10) 3,000
<em><u> (To record patent amortization for 2017.) </u></em>