Please solve part b

Cullumber Indintries has the following patents on its December 31, 2024, balance sheet. The following events occurred during the vear ended December 31.2025. 1. Research and developenent costs of $230,000 were incurred during the ver: 2. Patent D was purchased on July 1 tor $25,650. Tha patent has a usehd fite of 91/2 vears. 3. As a result of reduced demands for certain products protected by Patent 8 . a possible impovinaent of Patent Bs value may huve occurred at December 31, 2025. The controller for Cullumber estimates the expected future cash flows from Patent 8 will beas follows. Click here to view factor tables. (a) Compute the total carring amovint of Ciallumber i patents on its December 31,2024, balyce sheet Gound onuwer to 0 decimot places es 5,125) Total currying amount Compute the total carrying amount of Cullumber's patents on its December 31, 2025, balance sheet. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971 .) Total carrying amount $ eTextbook and Media Attempts: 1 of 4 used