Business, 05.05.2020 22:41 lyn94

Joni Larkspur Inc. has the following amounts reported in its general ledger at the end of the current year. $23,200 14,500 36,200 11,200 Organization costs Trademarks Discount on bonds payable Deposits with advertising agency for ads to promote goodwill of company Excess of cost over fair value of net identifiable assets of acquired subsidiary Cost of equipment acquired for research and development projects; the equipment has an alternative future use Costs of developing a secret formula for a product that is expected to be marketed for at least 20 years 76,200 86,200 81,400 On the basis of this information, compute the total amount to be reported by Larkspur for intangible assets on its balance sheet at year-end. Total amount reported for intangible assets $

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