Answer the following.

Exercise 1-1: Indicate whether the following items shall be shown as intangible assets on statement of financial position. a. Cost of developing a publishing title. b. Cost of publishing a brand name c. Training costs incurred in start-up of an operation in a new location. d. Purchase cost of franchise e. Cost to obtain license to operate for 5 years. f. 3- month lease payment g. Cost of equipment for use in various research projects. h. Operating losses during the first three years of operation i. Cost of developing a patent for a new product before establishment of commercial and economic viability. j. Cost of further development of patent in described in (i) after establishment of commercial and economic viability. k. Legal costs in acquiring patent. 1. Costs of successful defense to protect existing patent. m. Costs of unsuccessful defense to protect existing patent. n. Cost of promotion of new product. 0. Cost of internally created goodwill p. Cost of constructed structures on a leased building. q. Accumulated costs of organizing the corporation. r. Costs of developing website for the promotion and advertisement of the entity's product and services