Grouper Industries Ltd. acquired two copyrights during 2023. One copyright was on a textbook that was developed internally at a cost of \\( \\$ 36,400 \\). This textbook is estimated to have a useful life of 4 years from July 1,2023 , the date it was published. The second copyright is for a history research textbook and was purchased from University Press on October 1, 2023, for \\$54,900. This textbook seems to have an indefinite useful life. How should these two copyrights be reported on Grouper's statement of financial position as at December 31, 2023? Copyright No. 1 should be Copyright No. 2 should be . It would be reflected on the December 31, 2023 . It would be reflected on the December 31, 2023