Kingbird Industries has the following patents on its December 31: 2024, balance sheet. The following events occurred during the year ended December 31,2025. 1. Research and development costs of $249,000 were incurred during the year. 2. Patent D was purchased on July 1 for $46,512. This patent has a useful life of 91/2 years. 3. As a result of reduced 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 Kingbird estimates the expected future cash flows from Patent B will. be as follows. The proper discount rate to be used for these flows is 8%. (Assume that the cash flows occur at the end of the year.) Compute the total carrying amount of Kingbird's patent, on its December 31, 2024, balance sheet. (Round answer to O decimal places,eg. 5,125.) Total carrying amount