Sinise Industries acquired two copyrights during 2014. One copyright related to a textbook that was developed internally at a cost of $17,100. This textbook is estimated to have a useful life of 6 years from September 1, 2014, the date it was published. The second copyright (a history research textbook) was purchased from University Press on December 1, 2014, for $27,240. This textbook has an indefinite useful life. How should these two copyrights be reported on Sinises balance sheet as of December 31, 2014?