A fish processing corporation invested $100,000 in buildings, $50,000 for a cold room, $40,000 for an exclusive, permanent fishing license for a specific geographical area, $50,000 in developing software, $35,000 to register a patent, and $10,000 to purchase computers and networking in January 2020. All intangible assets are amortized at an annual rate of 20% of original cost. What is the total carrying amount for all intangible assets as of December 31, 2020? SELECT ONLY ONE $72,000 $90,000 $100,000 $116,000 My