Ayayai Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Ayayai does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Ayayai patent number 758-6002-1A is as follows. Date Activity Cost 2011-2012 Research conducted to develop precipitator $376,000 Jan. 2013 Design and construction of a prototype 86,800 March 2013 Testing of models 30,800 Jan. 2014 Fees paid engineers and lawyers to prepare patent application; patent granted June 30, 2014 64,600 Nov. 2015 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 84.500 Legal fees paid to successfully defend precipitator patent Dec. 2016 April 2017 30,800 31,800 Research aimed at modifying the design of the patented precipitator July 2021 Legal fees paid in unsuccessful patent infringement suit against a competitor 33,000 Ayayai assumed a useful life of 17 years when it received the initial precipitator patent. On January 1, 2019, it revised its useful life estimate downward to 5 remaining years. Amortization is computed for a full year if the cost is incurred prior to July 1, and no amortization for the if the cost is incurred after June 30. The company's year ends December 31. Compute the carrying value of patent No. 758-6002-1A on each of the following dates: (a) December 31, 2014 (b) December 31, 2018 $ $ (c) December 31, 2021 $