Carla Vista Corporation has the following selected transactions during the year ended December 31. 2024: Jan. 1 Purchased a copyright for $117,480cash. The copyright has a useful life of six years and a remaining legal life of 30 years. Mar. 1 Acquired a franchise with a contract period of nine years for $500,850; the expiration date is March 1, 2033. Paid cash of $38,820 and borrowed the remainder from the bank. Sept. 1 Purchased a trademark with an indefinite life for $73,190cash. As the purchase was being finalized, $ pent $33,150 cash in legal fees to successfully defend the trademark in court. Dec. 31 Purchased an advertising agency for $640,000 cash. The agency's only assets reported on its statement of financial position immediately before the purchase were accounts receivable of $58,000, furniture of $170,000, and leasehold improvements of $320,000. Carla Vista hired an independent appraiser who estimated that the fair value of these assets was accounts receivable $58,000, furniture $180,000, and leasehold improvements $336,000. Carla Vista is not assuming any liabilities pertaining to the agency. Question 6 of 6 Cash (To record purchase of trademark) ept. 1 Trademarks Cash (To record costs incurred to defend trademark) x. 31 Advertising Expense Accounts Reccivable Furniture Leasehoid limprovements Cash 4.77/15 106340 106340 106340 640000 \begin{tabular}{|r|} \hline 58000 \\ \hline 170000 \\ \hline 320000 \\ \hline \end{tabular} sup 72000