Exercise 12-3 oni Tamarisk Inc. has the following amounts reported in its general ledger at the end of the current year Organization costs Trademarks Discount on bonds payable Deposits with advertising agency for ads to promote goodwill of company Excess of cost over fair value of net identifiable assets of acquired subsidiary Cost of equipment acquired for research and development projects; the $22,800 13,700 35,800 10,800 75,800 equipment has an alternative future use 85,800 Costs of developing a secret formula for a product that is expected to be marketed for at least 20 years 80,600 On the basis of this information, compute the total amount to be reported by Tamarisk for intangible assets on its balance sheet at year-end. Total amount reported for intangible assets s