Enterprise Co has incurred the following expenditure prior to the commercial production of a new product.

Marketing campaign	30,000
Royalty payment to product inventor	15,000
Staff training in production techniques	10,500

Nil

15,000

25,500

55,500

In accordance with IAS 38 Intangible Assets and assuming that the recognition criteria are met prior to incurring the listed expenditure, what amount can Enterprise Co recognise as an intangible asset for development expenditure?