Chase Berhad had the following expenditures related to developing its trademark.

General advertising costs	RM300,000
Advertising specifically focused on trademark development	RM120,000
Legal fees to register trademark	RM52,000
Registration fees for the trademark	RM38,000
Legal fees for successful defense of the new trademark	RM33,000
Total	RM543,000

Assuming you are auditing the financial statements of Chase Berhad. During your year-end review of the accounts related to intangibles, you discover that the company has capitalized all the above as costs of the trademark. Management contends that all of the costs increase the value of the trademark; therefore, all the costs should be capitalized. Required: i) Which of the above costs should Chase Berhad capitalize to the Trademark account in the financial position statement?

ii) Which of the above costs should Chase Berhad report as expense in the income statement?

iii) Explain the typical costs included in the purchase cost of an intangible asset.