On January 1, 2022, Carla Vista Co. had a balance of $321,500 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 2022, the company had the following additional transactions. Jan. 2 Purchased a patent (6-year life) $376,950. July 1 Acquired a 8-year franchise; expiration date July 1, 2,030, $547,200. Sept. 1 Research and development costs $185,500.

Indicate what the intangible asset account balances should be on December 31, 2022. Goodwill $enter ?

Patent in dollars Patent $enter Patent in dollars 314125 Franchise $enter Franchise in dollars 513000