Windsor Industries has the following patents on its December 31,2019 , balance sheet. The following events occurred during the year ended December 31, 2020. 1. Research and development costs of $327,900 were incurred during the year. 2. Patent D was purchased on July 1 for $10,800. This patent has a useful life of 12 years. 3. As a result of reduced demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31, 2020. The controller for Windsor estimates the future cash flows from Patent B will be as follows. Compute the total carrying amount of Windsor's patents on its December 31, 2019, balance sheet. Total carrying amount $ eTextbook and Media Attempts: 1 of 4 use b) Compute the total carrying amount of Windsor's patents on its December 31, 2020, balance sheet. (Round present value factor calculations to 5 decimal places, e.g. 15.24673 and final answer to 0 decimal places, e.g. 5,125.) Total carrying amount $ eTextbook and Media Windsor Industries has the following patents on its December 31,2019 , balance sheet. The following events occurred during the year ended December 31, 2020. 1. Research and development costs of $327,900 were incurred during the year. 2. Patent D was purchased on July 1 for $10,800. This patent has a useful life of 12 years. 3. As a result of reduced demands for certain products protected by Patent B, a possible impairment of Patent B's value may have occurred at December 31, 2020. The controller for Windsor estimates the future cash flows from Patent B will be as follows. Compute the total carrying amount of Windsor's patents on its December 31, 2019, balance sheet. Total carrying amount $ eTextbook and Media Attempts: 1 of 4 use b) Compute the total carrying amount of Windsor's patents on its December 31, 2020, balance sheet. (Round present value factor calculations to 5 decimal places, e.g. 15.24673 and final answer to 0 decimal places, e.g. 5,125.) Total carrying amount $ eTextbook and Media