The company had the following intangible asset at the beginning of the year:. Goodwill of P20,000. Patent of P40,000 with remaining life of 5 years. Copyright of P60,000 with remaining life 4 years. At the end of the current year and subsequent year, it was determined that the intangibles had revalued amount of P70,000 and P55,000, respectively. How much is the impairment loss on the patent? 2,509 O 2, 909 O 2,609 O 2,809