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Given the following account balances at year end, compute the total intangible assets on the balance sheet of Prackney Company. 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 Prackney Company. Cash $1,500,000 Accounts Receivable 4,000,000 Research & Development Costs 1,000,000 Goodwill 2,500,000 Trademarks 2,000,000

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$9,500,000.

$5,500,000.

$3,500,000.

$4,500,000.

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