Keisha Co. incurred the following expenditures on internally developed intangible assets Internally developed goodwill 100,000 Brands 230,000 Mastheads 50,000 Publishing titles 100,000 Customer lists 70,000   Keisha incurred P 100,000 additional costs in maintaining the customer lists. The company also treated all the intangible assets with an indefinite useful life.   How much is the total carrying amount of the capitalized intangible assets at year-end?

Intermediate Accounting: Reporting And Analysis
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ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
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Chapter11: Depreciation, Depletion, Impairment, And Disposal
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Problem 2RE: Akron Incorporated purchased an asset at the beginning of Year 1 for 375,000. The estimated residual...
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  1. Keisha Co. incurred the following expenditures on internally developed intangible assets

Internally developed goodwill

100,000

Brands

230,000

Mastheads

50,000

Publishing titles

100,000

Customer lists

70,000

 

Keisha incurred P 100,000 additional costs in maintaining the customer lists. The company also treated all the intangible assets with an indefinite useful life.

 

How much is the total carrying amount of the capitalized intangible assets at year-end?

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