12 Required information The following information applies to me questions displayed below On January 1, 2021, Weaver Corporation purchased a patent for $258,000. The remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years in January 2023, the cordpany incurred legal fees of $78,000 in successfully defending a patent infringement suit. The successful defense did not change the company's estimate of useful life. Weaver Corporation's year-endis December 31 2. What is the balance in the Patent account at the end of 2023? Answer is complete but not entirely correct. Balance in the Parents account $ 312.500