On January 1, Year 1, Virgo Company purchased a patent for $300,000. Its estimated useful life is 15 years, and its remaining legal life is 16 years. On January 1, Year 6, the company paid $60,000 for legal fees in a successful defense of the patent. Assuming that the pattern in which the economic benefits of the patent are consumed is not reliably determinable, the unamortized balance in the patent account at December 31, Year 6 should be

Answers:	A) $260,000
	B) $324,000
	C) $234,000
	D) $240,000