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To create an intangible asset, bmx inc. spent $20,000 in registration fees, $40,000 in attorney fees, and $120,000 in research and development. what amount should

To create an intangible asset, bmx inc. spent $20,000 in registration fees, $40,000 in attorney fees, and $120,000 in research and development. what amount should bmx record as expense?

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