Show Attempt History Current Attempt in Progress $35,400 18.200 30.700 Cullumber Electric Inc. has the following amounts included in its general ledger at December 31, 2020: Organization costs Purchased trademarks Development phase activities (meet all six development phase criteria) Deposits with advertising agency for ads to promote goodwill of company Excess of cost over fair value of identifiable net assets of acquired subsidiary Cost of equipment acquired for research and development projects; the equipment has an alternative future use Costs of researching a secret formula for a product that is expected to be marketed for at least 20 years Payment for a favourable lease; lease term of 10 years 8,400 80,500 124,000 74,700 15,300 (a) Based on the information provided, calculate the total amount for Cullumber to report as intangible assets on its statement of financial position at December 31, 2020. Assume Cullumber uses IFRS to prepare its financial statements. Total amount of intangible assets to be reported $ e Textbook and Media Assistance Used e Textbook 1 e Textbook 2 e Textbook 3 Toutbook