Question: Joni Hyde Inc. has the following amounts reported in its general ledger at the end of the current year. Instructions (a) On the basis of

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

Joni Hyde Inc. has the following amounts reported in its general ledger

Instructions
(a) On the basis of the information above, compute the total amount to be reported by Hyde for intangible assets on its balance sheet at year-end.
(b) If an item is not to be included in intangible assets, explain its proper treatment for reporting purposes.

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