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i need carrying amount for 2024 & 2025 Bramble Industries has the following patents on its December 31,2024 , balance sheet. The following events occurred
i need carrying amount for 2024 & 2025
Bramble Industries has the following patents on its December 31,2024 , balance sheet. The following events occurred during the year ended December 31,2025. 1. Pesearch and development costs of $242000 were incurred during the year. 2. Patent D waspurchandon luly 1 for 543.5AB. This patent has a useful life of 9%/2 years. 3. As a result of reducod demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31,2025, The controller for Bramble estimates the expected future cash flows from Potent E will be as follown The proper discount rate to be used for these flows is 8% (Assume that the cash flows occur at the end of the year.) etichereto vicw factor tables. (a) Conpute the total carringt amount of Bramble's putents on its December 31,2024 , bafance sheet, Round anuwer to 0 decimal place , es, 5, 125) Total carrying amount Step by Step Solution
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