1 mited organized late in 2019 and set up a single account for all intangible assets. The following summary shows the entries I debits) that have been recorded in Intangible Assets since then: Purchased patent (8-year life) $340,000 Costs to search for new ways to apply patent that was purchased on Jan. 2 21,000 Purchased goodwill (indefinite life) 316,000 Purchased franchise with 10-year life; expiration date July 1, 2030 264,000 Promotional costs to increase the future economic benefit of the goodwill that was purchased on Apr. 1 33,000 Payment for copyright (5-year life) 147,600 Purchased trademark (3-year life) 14,400 Purchased customer list (2-year life). Research costs 9,600 239,000 $1,384,600 Provide the asset amounts reported on the December 31, 2020 statement of financial position. (Round answers to O decimal places, eg. 5,275) Patents Franchise Copyright Trademark Customer list Goodwill Blossom Limited organized late in 2019 and set up a single account for all intangible assets. The following summary shows the in 2020 (all debits) that have been recorded in Intangible Assets since then: Jan. 2 Purchased patent (8-year life) Mar. 31 Costs to search for new ways to apply patent that was purchased on Jan. 2 Apr. 1 Purchased goodwill (indefinite life) July 1 Purchased franchise with 10-year life; expiration date July 1, 2030 1 Promotional costs to increase the future economic benefit of the goodwill that was purchased on Apr. 1 Aug 1 Payment for copyright (5-year life) 1 Purchased trademark (3-year life) 1 Purchased customer list (2-year life) Sept. 1 Research costs $