Khalil Products, Inc. is a medical device manufacturer. The company owns the following two patents: Device Hearing evaluation equipment Body fat measurement device Acquired Internally developed $164,318 Purchased Date March 31, 2007 Sept 30, 2015 Cost $200,000 $150,000 Original Service Life 30 30 Original Legal Life 20 20 Khalil paid $10,000 in professional fees to register the patent on the hearing evaluation equipment on March 31, 2007. In 2017, the company successfully defended the body fat measurement device patent in a lawsuit filed by a competitor. Khalil paid a legal firm $50,000 related to the lawsuit on March 31, 2017. On December 31, 2019, the company adjusted the expected service life of the body fat measurement device from 30 to 15 years. What was the total carrying value of the Hearing evaluation equipment patent and the body fat measurement device patent at December 31, 2019?

Khalil paid $10,000 in professional fees to register the patent on the hearing evaluation equipment on March 31, 2007. In 2017, the company successfully defended the body fat measurement device patent in a lawsuit filed by a competitor. Khalii paid a legal firm $50,000 related to the lawsuit on March 31,2017. On December 31,2019 , the company adjusted the expected service life of the body fat measurement device from 30 to 15 years. What was the total carrying value of the Hearing evaluation equipment patent and the body fat measurement device patent at December 31 2019? $164,318