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gnment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PR Exercise 12-3 Your answer is incorrect. Try again. Joni Hyde Inc. has the following amounts reported in
gnment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PR Exercise 12-3 Your answer is incorrect. Try again. Joni Hyde 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 $24,000 15,000 35,000 10,000 75,000 90,000 equipment has an alternative future use Costs of developing a secret formula for a product that is expected to 80,000 be marketed for at least 20 years On the basis of this information, compute the total amount to be reported by Hyde for intangible assets on its balance sheet at year-end. dy 100,000 Total amount reported for intangible assets Policy set by vour instructor accessing this Question Assistance, you will learn while you earn points based on the Point Potential
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