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Determine the total intangible assets on the balance sheet

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Reference no: EM132741593

Problem 1: Given the following account balances at year end, compute the total intangible assets on the balance sheet of Janssen Enterprises.

Cash $1,500,000
Accounts Receivable 1,000,000
Trademarks 1,200,000
Goodwill 2,500,000
Research & Development Costs 2,000,000

a. $9,700,000.
b. $5,700,000.
c. $3,700,000.
d. $7,700,000.

Reference no: EM132741593

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