On January 1, 2017, Ivanhoe Company had a balance of $413,000 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 2017, the company had the following additional transactions. Jan. 2 July 1 Sept. 1 Purchased a patent (7-year life) $355,950 Acquired a 9-year franchise; expiration date July 1,2026, $597,600. Research and development costs $177,000 Indicate what the intangible asset account balances should be on December 31,2017. Patent Franchise $ Goodwill$