Alatorre purchased a patent from Vania Co. for $1.000,000 on Touary 1, 2019. The patent is being ammortized over its remaining legal life of 10 years, espiring on January 1, 2029. At the beginning of 2021. Alatorre spent $12.000 in lawsuits that defend thus patent. It also determined that the economic benefits of the patent would not last longer than 6 years from the date of acquisition. What amount should be reported in the balance sheet for the patient at December 31, 2017