The Shane Company began business in early 2016, when Shane paid an initial fee of $100,000 to purchase a franchise. In forming the company, Shane also spent $11,000 on legal fees and $4.500 on accounting fees. During the year, Shane spent $7.500 on product development and paid $10,000 in continuing franchise fees. What amount should Shane capitalize for intangible assets in 2016? Select one: O a $100,000 b. $123.000 C. $115,000 d $133,000