Tamarisk Industries has the following patents on its December 31, 2024, balance sheet:

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	16,800	9/1/23	8 years

The following events occurred during the year ended December 31, 2025

1. Research and development cost of $341,400 were incurred during the year.
2. Patent D was purchased on July 1 for $10,080. 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 Bs value may have occurred at December 31, 2025. The controller for Tamarisk estimates the future cash flows from Patent B will be as follows:

Year	Future Cash Flows
2026	$2800
2027	2800
2028	2800

The proper discount rate to be used for these flows is 8% (Assume that the cash flows occur at the end of the year.)

1. Compute the total carrying amount of Tamarisks patents on its December 31, 2024 balance sheet.