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Given the following account balances at year end, compute the total intangible assets on the balance sheet of Ellis Enterprises. Cash Accounts Receivable Trademarks Patents

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Given the following account balances at year end, compute the total intangible assets on the balance sheet of Ellis Enterprises. Cash Accounts Receivable Trademarks Patents Goodwill Research and Development $ 1,000,000 4,000,000 1,000,000 3,000,000 1,000,000 2,000,000

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