Business, 07.04.2020 16:52 pronces

Marigold Corp., organized in 2020, has the following transactions related to intangible assets. 1/2/20 Purchased patent (6-year life) $474,000 4/1/20 Goodwill purchased (indefinite life) 360,000 7/1/20 14-year franchise; expiration date 7/1/2034 588,000 9/1/20 Research and development costs 166,000

Calculate ending balances as at 12/31/20.

Ending balances
Patents
$enter the ending balance in dollars
Goodwill
$enter the ending balance in dollars
Franchises
$enter the ending balance in dollars
Research and Development Expense
$enter the ending balance in dollars

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Marigold Corp., organized in 2020, has the following transactions related to intangible assets. 1/2/...

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