Indicate what the intangible asset account balances should be on December 31, 2022.

On January 1, 2022, Sheridan Company had a balance of $417,000 of goodwill on its balance sheet that resulted from the purchase of a small business in a prior year. The goodwill had an indefinite life. During 2022, the company had the following additional transactions.

Jan.	2		Purchased a patent (6-year life) $301,350.
July	1		Acquired a 10-year franchise; expiration date July 1, 2,032, $633,600.
Sept.	1		Research and development costs $189,000.

Goodwill		$enter Patent in dollars
Patent		$enter Patent in dollars
Franchise		$enter Franchise in dollars