Filint Industries Ltd$.$ had one patent recorded on its books as at January $1.2023.$ This patent had a book value of $$364,800$ and a renuining useful life of $8$ years. During $2023,$ Flint incurred research costs of $$142\mathrm{.}300$ and brought a patent infringement suit against a competitor. On December $1.2023,$ Flint received the good news that its patent was valid and that its competitor could not use the process Flint had patented. The company spent $$110,500$ to defend this patent. At what amount should the patent be reported on the December $31,2023$ statement of financial position, assuming monthly straight$-$line amortization of patenty?

Patent carrying amount $12/31/23$