what is the carrying amount of the patent as of december 31, 2023? what is the carrying amount of the patent as of december 21, 2024?

As of December 31, 2022, Pumasa Lang Ako, Inc. disclosed in its audited financial statements the following intangible assets: (a) Trademark amounting to 2,925,000; and (b) Patent amounting to 1,315,000. The remaining legal life of the trademark is eight (8) years. It is contemplated, however, flows of P100,000 will be routinely renewed in the future. The trademark is expected to generate cash of five (5) years and year. On the other hand, the patent is estimated to have a remaining useful life rate is 10% and the present ted to generate cash flows of P244,565 per year. The appropriate discount off your final answer in nealue of an ordinary annuity of 1 at 10% for five periods is 3.79 . (Round- 17. What is the carrying amount of the patent as of December 31,2023 ? 18. What is the carrying amount of the patent as of December 31,2024 ? As of December 31, 2022, Pumasa Lang Ako, Inc. disclosed in its audited financial statements the following intangible assets: (a) Trademark amounting to 2,925,000; and (b) Patent amounting to 1,315,000. The remaining legal life of the trademark is eight (8) years. It is contemplated, however, flows of P100,000 will be routinely renewed in the future. The trademark is expected to generate cash of five (5) years and year. On the other hand, the patent is estimated to have a remaining useful life rate is 10% and the present ted to generate cash flows of P244,565 per year. The appropriate discount off your final answer in nealue of an ordinary annuity of 1 at 10% for five periods is 3.79 . (Round- 17. What is the carrying amount of the patent as of December 31,2023 ? 18. What is the carrying amount of the patent as of December 31,2024