On January 1,2022 , Crane Company had a balance of $372,500 of goodwill on its balance sheet that resulted from the purchase of a small business in a prlor year. The goodwill had an indefinite life. During 2022, the company had the following additional transactions. Jan. 2 Purchased a patent (5-year life) $351.750. July 1 Acquired a 8-year franchise; expiration date July 1, 2030, $547,200. Sept. 1 Research and development costs $183,500. Indicate what the intangible asset account balances should be on December 31, 2022. Patent Franchise