there are entertaining and audacious moments 
(ROOT (S (NP (EX there)) (VP (VBP are) (NP (ADJP (JJ entertaining) (CC and) (JJ audacious)) (NNS moments)))))
(ROOT (S (NP (EX )) (VP (VBP ) (NP (ADJP (JJ ) (CC ) (JJ )) (NNS )))))