Information for Riverbed Corporation's intangible assets follows:

On January $1,2023,$ Riverbed signed an agreement to operate as a franchisee of Copy Service Inc., for an initial franchise fee

of $$75,000.$ Of this amount, $$35,000$ was paid when the agreement was signed and the balance is payable in four annual

payments of $$10,000$ each, beginning January $1,2024.$ The agreement states that the down payment is not refundable and no

future services are required of the franchisor. The present value at January $1,2023,$ of the four annual payments discounted

at $7\%($the implicit rate for a loan of this type$)$ is $$33,872.$ The agreement also states that $5\%$ of the franchisee's revenue must

be paid to the franchisor each year. The franchisor requires that Riverbed provide it with some form of assurance verifying

the revenue amount used to determine the $5\%$ payment. Riverbed's revenue from the franchise for $2023$ was $$760,000.$

Riverbed estimates that the franchise's useful life will be $10$ years.

Riverbed incurred $$45,000$ in experimental costs in its laboratory to develop a patent, and the patent was granted on January

$2,2023.$ Legal fees and other costs of patent registration totalled $$13,600.$ Riverbed estimates that the useful life of the

patent will be $6$ years.

A trademarkwas purchased from Shanghai Company for $$28,700$ on July $1,2020.$ The legal costs to successfully defend the

trademark totalled $$8,160$ and were paid on July $1,2023.$ Riverbed estimates that the trademark's useful life will be $14$ years

from the acquisition date.

Assume that Riverbed reports using ASPE.

$($a$)$

$$ Your answer is correct.

Prepare a schedule showing the intangible assets section of Riverbed's statement of financial position at December $31,2023.$

$($Round answers to $0$ decimal places, e$.$g$.5,275.$ Enter account name only and do not provide descriptive information.$)$

Riverbed Corporation

Intanglble Assets

Intanglble A$.$ssets$-$Trademarks

Total Intangible Assets

B$)$ Compute the total amount of expenses resulting from the transactions that would appear on Riverbed$$s income statement for the year ended December $31,2023.($Round answer to $0$ decimal places, e$.$g$.5,275.)$

Total expenses from transactions: $