(a) Indicate which items on the list below would generally be reported as intangible assets in the balance sheet. Reported as 1. Investment in a subsidiary company. 2. Timberland Cost of engineering activity required to advance the design of a product to the manufacturing stage. Lease prepayment (6 months' rent paid in advance). i Cost of equipment obtained. Cost of searching for applications of new research findings. N Costs incurred in the formation of a corporation. 00 Operating losses incurred in the start-up of a business. 9. Training costs incurred in start-up of new operation. Purchase cost of a franchise. Goodwill generated internally. Cost of testing in search for product alternatives. Goodwill acquired in the purchase of a business. Cost of developing a patent. Cost of purchasing a patent from an inventor. Legal costs incurred in securing a patent. Unrecovered costs of a successful legal suit to protect the patent. Cost of conceptual formulation of possible product alternatives. 19. Cost of purchasing a copyright. Research and development costs. Long-term receivables. Cost of developing a trademark. Cost of purchasing a trademark