Carla Vista Electric Inc. has the following amounts included in its general ledger at December 31, 2020: Organization costs Purchased trademarks $35,400 17,800 Development phase activities (meet all six development phase criteria) 29,700 Deposits with advertising agency for ads to promote goodwill company 8,300 Excess of cost over fair value of identifiable net assets of acquired subsidiary 80,700 Cost of equipment acquired for research and development projects, the equipment has an alternative future use 125,200 Costs of researching a secret formula for a product that is expected to be marketed for at least 20 years 74,600 Payment for a favourable lease; lease term of 10 years 15.500 (a) Based on the information provided, calculate the total amount for Carla Vista to report as intangible assets on its statement of financial position at December 31, 2020. Assume Carla Vista uses IFRS to prepare its financial statements. Total amount of intangible assets to be reported