The first blanks we have to choose between capitalized or expensed. The second one we have to choose between income statement or statement of financial position.

PLEASE ANSWER ASAP!!!!!

Ayayai Industries Ltd. acquired two copyrights during 2023. One copyright was on a textbook that was developed internally at a cost of $34,000. This textbook is estimated to have a useful life of 2 years from July 1,2023 , the date it was published. The second copyright is for a history research textbook and was purchased from University Press on October 1, 2023, for $52,000. This textbook seems to have an indefinite useful life. How should these two copyrights be reported on Ayayai's statement of financial position as at December 31, 2023? Copyright No. 1 should be . It would be reflected on the December 31, 2023 at \$ Copyright No. 2 should be . It would be reflected on the December 31, 2023 at \$