Question 8: What are the total intangible assets? The following information is taken from the balance sheet columns of the work sheet for Michaels Company dated 12/31/02. It is for a one year perio There were no investments by the owner during the perioc The note payable is due in six years. CR DR 7,500 17,200 800 2,000 24,600 Cash Accounts Receivable Supplies Prepaid Insurance Office Furniture A/D-Office Furniture Patent Unearned Revenue Accounts Payable Note Payable Michaels, Capital Michaels, Drawings Your Answers money 4,300 16,000 1,600 2,200 25,000 13,000 6,700 SUBMIT