Preparing the Intangible Assets Section Prepare the intangible asset section of a classified balance sheet given the following account balances on December 31, 2020. Patents $36,000 Franchise $240,000 Cash 225,000 Goodwill 57,000 Investment in equity securities-long-term 105,000 $ Note: Enter intangibles in the order of the largest dollar amount to the smallest dollar amount. Intangible Asset Section As of December 31, 2020 Cash Franchise . 0 Goodwill Total intangible assets $ 0 0 Check