Business
Business, 30.11.2019 01:31, lazarus10

Joni windsor inc. has the following amounts reported in its general ledger at the end of the current year.

organization costs $24,100
trademarks 16,300
discount on bonds payable 37,100
deposits with advertising agency for ads to promote goodwill of company 12,100
excess of cost over fair value of net identifiable assets of acquired subsidiary 77,100
cost of equipment acquired for research and development projects; the equipment has an alternative future use 87,100
costs of developing a secret formula for a product that is expected to be marketed for at least 20 years 83,200
(a) on the basis of this information, compute the total amount to be reported by windsor for intangible assets on its balance sheet at year-end.

total amount reported for intangible assets $

answer
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