Question: Glenda Corporation has the following assets at year end Prepaid rent
Glenda Corporation has the following assets at year-end: Prepaid rent, $6,000; Land, $58,000; Trademarks, $37,000; Computer software costs, $8,500; Patents, $13,000; Inventories, $17,000; and Goodwill, $11,000. Prepare the intangible assets section of Glenda Corporation’s year-end balance sheet.
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