Wildhorse Company has a December 31 fiscal year end. Selected information follows for Wildhorse Company for two independent situations as at December 31, 2021: 1. 2. Wildhorse purchased a patent from Windsor Inc. for $471,000 on January 1, 2018. The patent expires on January 1, 2026. Wildhorse has been amortizing it over its legal life. During 2021, Wildhorse determined that the patent's economic benefits would not last longer than six years from the date of acquisition. Wildhorse has a trademark that had been purchased in 2014 for $285,000. During 2020, the company spent $50,000 on a lawsuit that successfully defended the trademark. On December 31, 2021, it was assessed for impairment and the recoverable amount was determined to be $300,000. For each of these assets, determine the amount that will be reported on Wildhorse's December 31, 2020 and 2021, balance sheets. (Round answers to O decimal places, e.g. 5,276.) December 31, 2020 Patent $ Trademark $ December 31, 2021 $