Snowish Boutique Corp. (SBC) reports its financial results in accordance with IFRS and has a December 31 year end. As at December 31, 20X3, it had a number of tangible and intangible assets as detailed below:

Snowish Boutique Corp. Property, plant, and equipment and intangible assets December 31, 20X3 Accumulated depreciation / Net book impairment to value, at Life (in Residual December 31, December 31, years) Cost value 20X3 20X3 Tools and other 15 $ 38,850 0 $24,605 $14,245 equipment Vehicles - old 5 16,500 500 14,400 2, 100 Computer 3 10,500 600 8, 167 2,333 equipment Patent 15 75,000* OO *40,278 34,722 Trademark NA 45,000 0 45,000 $185,850 $1, 100 $87,450 $98,400 *Reported at its net amount of $34,722 on the statement of financial position