\\\\table[[Patent Item,Initial Cost,Date Acquired,Useful Life at Date Acquired],[Patent A,

$51,600

,

(3)/(1)/21

,20 years],[Patent

B

,

$21,600

,

(7)/(1)/22

,10 years],[Patent C,

$14,400

,

(9)/(1)/23

,8 years]]\ The following events occurred during the year ended December 31, 2025.\ Research and development costs of

$324,600

were incurred during the year.\ Patent

D

was purchased on July 1 for

$11,520

. This patent has a useful life of 12 years.\ 3. As a result of reduced demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31, 2025. The controller for Kingbird estimates the future cash flows from Patent B will be as follows:

The following events occurred during the year ended December 31, 2025. 1. Research and development costs of $324,600 were incurred during the year. 2. Patent D was purchased on July 1 for $11,520. This patent has a useful life of 12 years. 3. As a result of reduced demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31, 2025. The controller for Kingbird estimates the future cash flows from Patent B will be as follows