On January 1, 2017, Grand Haven, Inc., reports net assets of $927,400 although equipment (with a four-year remaining life) having a book value of $535,000 is worth $607,500 and an unrecorded patent is valued at $45,900. Van Buren Corporation pays $836,640 on that date to acquire an 80 percent equity ownership in Grand Haven. If the patent has a remaining life of nine years, at what amount should the patent be reported on Van Buren's consolidated balance sheet at December 31, 2018? Multiple Choice $40,800. 0 $28,560. 0 0 $35,700. $32,130. 0