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How much must be presented as intangible assets

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Organization costs $35,500

Purchased trademarks 18,100

Development phase activities (meet all six development phase criteria) 29,600

Deposits with advertising agency for ads to promote goodwill of company 8,300

Excess of cost over fair value of identifiable net assets of acquired subsidiary 80,600

Cost of equipment acquired for research and development projects; the equipment has an alternative future use 125,200

Costs of researching a secret formula for a product that is expected to be marketed for at least 20 years 75,200

Payment for a favourable lease; lease term of 10 years 15,900

Problem 1: How much must be presented as Intangible Assets?

Reference no: EM132809551

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