Tamarisk Industries had one patent recorded on its books as of January $1,2025.$ This patent had a book value of $$364,800$ and a

remaining useful life of $8$ years. During $2025,$ Tamarisk incurred research and development costs of $$93,000$ and brought a patent

infringement suit against a competitor. On December $1,2025,$ Tamarisk received the good news that its patent was valid and that its

competitor could not use the process Tamarisk had patented. The company incurred $$119,000$ to defend this patent. At what amount

should patent$($s$)$ be reported on the December $31,2025,$ balance sheet, assuming monthly amortization of patents? $($Round all

computations and the final answer to zero decimal places.$)$

The amount to be reported $