The answer is P270,000. I just need the complete solution.

The following amounts are included in the general ledger of Margherita Peak Corporation at December 31, 2020: Organization Costs P72,000 Trademarks 45.000 Patents 225.000 Fees received from a franchisee 105.000 Deposits with advertising agency for ads to promote goodwill of company 30.000 Cost of equipment acquired for various research and development projects 320,000 Costs of developing secret formula, technological feasibility is probable 240.000 Value of superior workforce 100.000 What is the total amount of intangible assets to be reported by Margherita Peak on its balance sheet