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Here is selected financial statement data regarding a company's intangible assets. Balance Sheet: Dec 31, 2018 Dec 31, 2017 Intangible assets, net $ 567,000 $
Here is selected financial statement data regarding a company's intangible assets. Balance Sheet: Dec 31, 2018 Dec 31, 2017 Intangible assets, net $ 567,000 $ 888,000 Income Statement: Amortization expense Loss on sale of intangible assets 2018 $ 255,000 22,000 During the year, the company sold intangible assets for $200,000 cash. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of intangible assets" for $ Input number as is, without negative signs, brackets or parenthesis
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