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The following events occurred during the year ended December 31, 2025. 1. Research and development costs of $230,000 were incurred during the year. 2. Patent

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The following events occurred during the year ended December 31, 2025. 1. Research and development costs of $230,000 were incurred during the year. 2. Patent D was purchased on July 1 for $25,650. This patent has a useful life of 91/2 years 3. As a result of reduced dechatids for certain products orotected by Patent B, a possible impairment of Patent B's value may have occurred at December 31,2025. The controller for Cullumber estimates the expected future cash flows from Patent B will be as follows. have occurred at December 31, 2025. The controller for Cullumber estimates the expected future cash flows from Patent B will be as follows. Compute the total carrying amount of Cullumber's patents on its December 31, 2025, balance sheet. (Round present value foctor calculations to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places e.g. 58,971.) Total carrying amount

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