The intangible assets and goodwill reported by Oriole Corporation at December 31, 2020. follow $36,100 18,050 Copyrights (1) Less: Accumulated amortization Trademarks Goodwill Total $ 18,050 54680 124,070 $196,800 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 seed will during 2024: Jan B Pald 57.370 in tegal costs to successfully defend the trademarks against infringement by another company. July Developed a new product. Incurring $222580 in research and $46.600 in development costs with probable Future benefits. The product is expected to have a useful te of 26 vears. Paid 561820 to a popular hockey player to appear in commercial advertising the compartes products. The commendals we all inte arly September Det Acquired another copyright (#2 for 5159.000. The new copy this useful life of six years. Dec Determined the fairwalue of the good will to be $98.650 There was no indication that the Ashton trademarks Reines 102 (c) Show the presentation of the intangible assets and ecodwill on the statement of financial position at December 31, 2021. (List Intarpble assets in order of Finite Life Intongible Assets and indefinite-fle Intangible Assets. Record Development Costs before Copyright ORIOLE CORPORATION Statement of Financial Position (Partial) Assets Intangible assets S $ 11 Textbook and Media