ASAP PLS TY ONLY CORRECT ANSWER

Blossom Corporation has a December 31 year-end and amortizes its limited-life intangible assets using the straight-line method. Blossom purchased a patent for $385500 on September 1,2024. The patent had a remaining legal life of 13 years and a useful life of ten. On January 1,2026, Blossom spent $95100 to successfully defend the patent in an infringement lawsuit. As of that date, Blossom estimates the remaining useful life at 5 years. With regard to this patent, the company's 2026 income statement will report Patent Amortization Expense of $85840.$80700.$88410.$66820