Your answer is incorrect. Try again. Joni Hyde Inc, has the following amounts reported in its general ledger at the end of the current year. Organization costs Trademarks Discount on bonds payable Deposits with advertising agency for ads to promote goodwill of10,000 company Excess of cost over fair value of net identifiable assets of acquired subsidiary Cost of equipment acquired for research and development projects: the $24,000 15,000 35,000 75,000 equipment has an alternative future use 90,000 Costs of developing a secret formula for a product that is expected to be marketed for at least 20 years 80,000 On the basis of this information, compute the total amount to be reported by Hyde for intangible assetshn its balance sheet at year-gnd. Total amount reported for intangible assets 24000