Carrying amount of intangible asset for december 31 2021

Q Search co X AE212 . .+ 8 K Assignments General Carrying amount of intangible assets as of December 31. 2021 [ (2 Points) Calendar E12.6 (LO 1, 2, 5) Excel (Recording and Amortization of Intangibles) Marshall Company, Call organized in 2019, has set up a single account for all intangible assets. The following summary dis- closes the debit entries that have been recorded during 2020. Files 1/2/20 Purchased patent (8-year life) $ 350,000 4/1/20 Purchase goodwill (indefinite life) 360,000 . . 7/1/20 Purchased franchise with 10-year life; expiration date 7/1/30 450,000 8/1/20 Payment of copyright (5-year life) 156,000 9/1/20 Research and development costs 215,000 $1,531,000 Enter your answer Apps (?) Help L P A U O () ENG 12:31 pm 27/01/2021