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Listed below is a series of statements about various costs associated with intangible assets, some of the costs should be capitalized and some of the

Listed below is a series of statements about various costs associated with intangible assets, some of the costs should be capitalized and some of the costs should be expensed.

Required: Indicate which of each of these costs should be expensed by checking the appropriate box next to your answers

NOTE: THIS IS A MULTIPLE ANSWER QUESTION WITH MORE THAN ONE ANSWER

The cost of acquiring a copyright

Legal costs incurred on the successful defense of a patent infringement suit

Legal fees incurred in conjunction with the unsuccessful defense of a patent infringement lawsuit

Employee training costs associated with training employees to run new software

Maintenance and customer support costs incurred after a software package is released for sale

Continuing franchise costs

Software costs incurred after technological feasibility is established

Software production costs incurred prior to technological feasibility being established

The cost paid over the fair value of an acquired company's net assets

Unit costs of producing software

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