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Rosalie Corporation is located in London but does business throughout Europe. The company builds and sells equipment used in manufacturing pharmaceuticals. On December 31, 2019,
Rosalie Corporation is located in London but does business throughout Europe. The company builds and sells equipment used in manufacturing pharmaceuticals. On December 31, 2019, Rosalie has trading securities valued at 63,000; goodwill valued at 450,000; prepaid insurance valued at 36,000; patents valued at 210,000; and a customer list valued at 390,000. On Rosalie Corporations statement of financial position at December 31, 2019, what amount should be reported as intangible assets?
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