55862 and 55860 are not correct

Windsor Industries has the following patents on its December 31,2024 , balance sheet. The following events occurred during the year ended December 31, 2025. 1. Research and development costs of $236,000 were incurred during the year. 2. Patent D was purchased on July 1 for $47,310. This patent has a useful life of 91/2 years. 3. As a result of reduced demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31, 2025. The controller for Windsor estimates the expected future cash flows from Patent B will be as follows. x Your answer is incorrect. Compute the total carrying amount of Windsor's patents on its December 31, 2025, balance sheet. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971.) Total carrying amount Windsor Industries has the following patents on its December 31,2024 , balance sheet. The following events occurred during the year ended December 31, 2025. 1. Research and development costs of $236,000 were incurred during the year. 2. Patent D was purchased on July 1 for $47,310. This patent has a useful life of 91/2 years. 3. As a result of reduced demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31, 2025. The controller for Windsor estimates the expected future cash flows from Patent B will be as follows. x Your answer is incorrect. Compute the total carrying amount of Windsor's patents on its December 31, 2025, balance sheet. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971.) Total carrying amount