Wynne corporation had the following transactions: 1. February 1 2020. Incurred research costs of 120000 and development costs of 95000. A marketable product has been identified and production will commence in the near future. The product is expected to have a useful life of 8 years. 2. April 1" 2020. Acquired a franchise for 300000. The franchise agreement expires on March 31", 2030 3. August 1", 2020. Acquired a patent for 25000. The patent has an estimated useful life of five years and a legal life of 15 years. 4. December 1 2020, Acquired another company and recorded goodwill of 40000 as part of the purchase 5. December 31 2020. Recorded annual amortization, Tested the intan ible assets for impairment. Recoverable amounts exceeded carrying amounts in all cases. Also tested goodwill and determined that it had a recoverable amount of 45000. What amount would be presented on the Balance Sheet (Statement of Financial position) at December 31 2020 Amount in the account on the SFP/Amount in the related accumulated amortization account research development Franchise Patent Goodwill