d Unless otherwise indicated, exercises and problems should be solved based on IFRS 8. An entity incurs the following costs in connection with the purchase of a trademark: Purchase price of the trademark. . Nonrefundable value added tax paid on the purchase of the trademark........ Training sales department staff on the use of the trademark . Research expenditures incurred prior to the purchase of the trademark. . . Legal fees to register the trademark. . . . Salaries of personnel who negotiated the purchase of the trademark 4,000 2,000 15,000 8,000 during the period of negotiation.. ...10,000 Assuming that the trademark meets the criteria for recognition as an intan- gible asset, at what amount should the trademark be initially measured? a. $84,000 b. $92,000. C. $104,000 d. $119,000