Question: Intangible assets that are internally generated ( rather than purchased ) over time through research, development and advertising are Blank _ _ _ _ _

Intangible assets that are internally generated (rather than purchased) over time through research, development and advertising are Blank______.
Multiple choice question.
reported on the balance sheet at their historical cost
reported on the income statement
not reported on the balance sheet
reported on the balance sheet at their estimated future cash flows

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