The intangible assets and goodwill reported by Ivanhoe Corporation at December 31,2020 , follow: A copyright (\#1) was acquired on January 1, 2019, and has a useful life of four years. The trademarks were acquired on January 1 , 2017, and are expected to have an indefinite life. The company has a December 31 year end and prepares adjusting journal entries annually. The following cash transactions may have affected intangible assets and goodwill during 2021: Jan. 5 Paid $7,670 in legal costs to successfully defend the trademarks against infringement by another company. July 1 Developed a new product, incurring $193,550 in research and $47,400 in development costs with probable future benefits. The product is expected to have a useful life of 20 years. Sept. 1 Paid $63,780 to a popular hockey player to appear in commercials advertising the company's products. The commercials will air in early September. Oct. 1 Acquired another copyright (\#2) for $192,000. The new copyright has a useful life of six years. Dec. 31 Determined the fair value of the goodwill to be $98,430. There was no indication that the copyrights or trademarks were impaired. Show the presentation of the intangible assets and goodwill on the statement of financial position at December 31,2021 . (List Intanqihle ascets in nrder of Finite I ife Intanqihle Ascets and Indefinite-life Intanqihle Ascets Rernrd Develnnment Costc hefore Convriahts