Ivanhoe Electric Inc. has the following amounts included in its general ledger at December 31, 2018:

Organization costs		$35,500
Purchased trademarks		17,600
Development phase activities (meet all six development phase criteria)		31,000
Deposits with advertising agency for ads to promote goodwill of company		8,100
Excess of cost over fair value of identifiable net assets of acquired subsidiary		81,000
Cost of equipment acquired for research and development projects; the equipment has an alternative future use		125,700
Costs of researching a secret formula for a product that is expected to be marketed for at least 20 years		74,200
Payment for a favourable lease; lease term of 10 years		15,400

(a) Based on the information provided, calculate the total amount for Ivanhoe to report as intangible assets on its statement of financial position at December 31, 2018. Assume Ivanhoe uses IFRS to prepare its financial statements.

Total amount of intangible assets to be reported