triormation concerning Pharoah Corpocation's intangibleassets follows: 1. Pharoah incurred 577,700 of experimental and dervelopment costs in its laboratory to develop a patent which was granted on banuary 2, 2025. Legalfees associated with the registration of the patent totaled $25.800. Pharoah estimates that the useful life of the patent will be 10 years: the fegal life of the patent is 20 years. The company uses the straight-fine method of amortization for this asset 2. On January 1, 2025, Pharoah signed an ogreement to operate as a franchisee or Dairy King. Inc. for an initial franchise fee of 5171,000, The agreement provides that the fee is not refundable and no future services are recuired of the franchisor Pharosh estimates the usefullife of the franchise to be 15 years and uses the straight-4ine method of amortization. 3. A tradename was purchacedfoms Stine Company for $102,400 on May 1,2022. Expenditures for successful litigation in defense of the tradename totaling $18.360 were poid on June 1, 2025. Pharoah estimetes that the tradename will have an indefinite life. Propace the intargible aswer section of Phiar oah's balance sheet at December 31.2025