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X > Question 1) Chapter Home X + nation.com/ex/map/index.html?con con&external_browser:Oglaunchurlhttp%253A%252F%252Fims meducation.com%252Fmghmiddlew vock Part 2 Seved ! Required information The following information applies to the questions displayed below) On January 1, 2021. Weaver Corporation purchased a patent for $252,000 The remaining legal life is 20 years, but the company estimates the patent will be useful for only six more years. In January 2023, the company incurred legal fees of $72,000 in successfully defending a patent infringement suit. The successful defense did not change the company's estimate of useful life. Weaver Corporation's year end is December 31 2. What is the balance in the Patent account at the end of 2023? Banco Patents to search O AI BO'F Clear DI d d Price Home Poup