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Invent Inc., reports under IFRS and incurred the following expenditures: Asset Patent Research costs related to the item patented Equipment Training on using the equipment
Invent Inc., reports under IFRS and incurred the following expenditures: Asset Patent Research costs related to the item patented Equipment Training on using the equipment Trademarks Customer List Cost $36,000 15,000 64,000 10,000 24,000 5,000 How much, if any, of the costs can be capitalized as intangible assets
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