compute carrying amount of parent on balance sheet

View Policies Current Attempt in Progress Wildhorse Industries had one patent recorded on its books as of January 1, 2021. This patent had a carrying amount of $226,800 and a remaining useful life of 7 years. During 2021, Wildhorse brought a patent infringement suit against a competitor. On October 1, 2021. Wildhorse received the good news that its patent was valid and that its competitor could not use the process Wildhorse had patented. The company incurred $90,000 to defend the patent. Compute the carrying amount of the patent that would be reported on the December 31, 2021, balance sheet, assuming monthly amortization of carrying value of the patents. Patent $ 280.800