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Determine the total intangible assets

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Reference no: EM133186039

Question - The following accounts were taken in the ledger of Bergs Company as of December 31, 2022:

Amount set up by the Board of Directors as goodwill- 200,000

Losses in early years of company- 300,000

Trademarks- 780,000

Patents- 260,000

Goodwill from the acquisition of net assets of a company- 130,000

Organization costs- 100,000

In the statement of financial position of Bergs Company, determine the total intangible assets?

Reference no: EM133186039

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