Joni Larkspur Inc. has the following amounts reported in its general ledger at the end of the current year.

Organization costs$22,100Trademarks12,300Discount on bonds payable35,100Deposits with advertising agency for ads to promote goodwill of company10,100Excess of cost over fair value of net identifiable assets of acquired subsidiary75,100Cost of equipment acquired for research and development projects; theequipment has an alternative future use85,100Costs of developing a secret formula for a product that is expected tobe marketed for at least 20 years79,200

(a)

On the basis of this information, compute the total amount to be reported by Larkspur for intangible assets on its balance sheet at year-end.

Total amount reported for intangible assets $