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New Entertainment tech Inc. a video game manufacturer, incurred the following costs during the current year Copyright purchased from Jackson inc. $ 25,000 Game development
New Entertainment tech Inc. a video game manufacturer, incurred the following costs during the current year
Copyright purchased from Jackson inc. $ 25,000
Game development expense paid to employees $ 16,000
Designed costs of Trademarks for internally developed games $ 11,000
Expenses to retain and improve relationship with distributors $ 17,000
What is the amount that should be shown as intangible asset for the year
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