The following is a list of items that could be included in the intangible assets section of the statement of financial position. Indicate how, if at all, the items not reportable as intangible assets would be reported in the financial statements. Investment in a subsidiary company. Timberland. Cost of engineering activity required to advance the design of a product to the manufacturing stage. Lease prepayment (6 months' rent paid in advance). Cost of equipment obtained. Cost of searching for applications of new research findings. Costs incurred in the formation of a company Operating losses incurred in the start-up of a business. Training costs incurred in start-up of new operation. Goodwill generated internally. Cost of testing in search for product alternatives. Reported as