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Given the following account balances at year end, compute the total intangible assets on the balance sheet of Janssen Enterprises. Cash: $1,500,000 Accounts Receivable: $4,000,000

Given the following account balances at year end, compute the total intangible assets on the balance sheet of Janssen Enterprises.

Cash: $1,500,000

Accounts Receivable: $4,000,000

Trademarks: $1,000,000

Goodwill: $2,500,000

Research and Development Costs: $2,000,000

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