Help please, I dont know how to get the answer for part B

Cheyenne Industries has the following patents on its December 31,2024 , balance sheet. The following events occurred during the year ended December 31,2025 . 1. Research and development costs of $247,000 were incurred during the year. 2. Patent D was purchased on July 1 for $37,848. This patent has a useful life of 91/2 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, 2025. The controller for Cheyenne estimates the expected future cash flows from Patent B will be as follovis. The proper discount rate to be used for these flows is 8%. (Assume that the cash flows occur at the end of the year.) Click here to view factor tables. (a) Compute the total carrying amount of Cheyenne's patents on its December 31, 2024, balance sheet. (Round answer to 0 decimal places,eg. 5,125.) Compute the total carrying amount of Cheyenne's patents on its December 31,2024 , balance sheet. (Round answer to 0 decimal places,eg. 5,125.) Total carrying amount $ (b) Compute the total carrying amount of Cheyenne's patents on its December 31, 2025, balance sheet. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 58,971.)