Question 5 Marlene Ltd acquired two copyrights during 2019. One copyright related to a textbook that was developed internally at a cost of $12,500. At the date it was published this book is estimated to have a useful life of 5 years from 1 September 2019. The second copyright was purchased from the King George University Press on 1 December 2019 for $24,000. This book, which analyses Aboriginal history in Western Australia prior to 2000, is considered to have an indefinite useful life. Required Explain how Marlene Ltd should report these two copyrights in the statement of financial position at 30 June 2020