For each of the following costs associated with intangibles, indicate whether it should be expensed (E) or capitalized (C) by placing the appropriate letter in the space provided.
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a.
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Software production costs incurred prior to technological feasibility being established.
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b.
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Continuing franchise costs.
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c.
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The cost paid over the fair value of an acquired company's net assets.
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d.
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Maintenance and customer support costs incurred after a software package is released for sale.
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e.
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Legal costs incurred on the successful defense of a patent infringement suit.
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f.
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The cost of acquiring a copyright.
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g.
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Software production costs incurred after technological feasibility is established.
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h.
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Costs of improving the software used in a company's management information system.
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i.
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Legal fees incurred in conjunction with the unsuccessful defense of a patent infringement lawsuit.
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j.
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Employee training costs associated with training employees to run new software.
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