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Iniormatien concerning Pure Corporatici's indargible assets in as felloyes: the franchise must be paid to the franchisor annually. Pure's revenue from the franchiae for 2019

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Iniormatien concerning Pure Corporatici's indargible assets in as felloyes: the franchise must be paid to the franchisor annually. Pure's revenue from the franchiae for 2019 was saso,000. Pure estimotes the usaful ife of the franchiet fo be 5 years. trotaled 514,900 , Pule estimates that the usefvi infe of the patent pill be 10 years. that the useful life of the trademark will be as years from the datie of acieuaition. Riequiredr 1. Prepara a achedule shoring the intangible atets secten of Pure p talance sheet at December 31,2047 . Round final anwwers ta the enareat dollar, Pure Corporation Intangible Assets Section of Balance Shent Schedule 3: Show supporting computations for the trademark. Round computations and final answers to the nearest dollar. Pure Corparation Expenses Resulting from Intangibles Transactions For the Year Inded Decenber'31, 2010. Franchise from Rapid Copy Service. Inc. Amortization of franchise (Schadole 1) Franchise fee on revenues from operationa Imputad interest wepente on unpaid balsnca of intual franchine tes Total franchive svatenses Amortitatien of patent (Echedule 2) Amortuation of trademark (frem Schidiulin 3 ) Tolal expentea

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