Question 4 In early January 2023, Roger Corporation applied for a patent, incurring legal costs of $30,000. In January 2024, Roger incurred $9,000 of legal fees in a successful defense of its patent. Instructions a. Compute 2023 amortization, 12/31/23 carrying value, 2024 amortization, and 12/31/24 carrying value if the company amortizes the patent over 10 years. b. At the beginning of 2025 , based on new market research, Roger determines that the fair value of the patent is $27,500. Estimated future cash flows from the patent are $30,000 on January 3,2025 . Prepare the journal entry, if any, to record the impaiment loss. c. Compute the 2025 amortization and the 12/31/25 carrying value