Joni kingbird inc. has the following amounts reported in its general ledger at the end of the current year.
organization costs $24,200
trademarks 16,500
discount on bonds payable 37,200
deposits with advertising agency for ads to promote goodwill of company 12,200
excess of cost over fair value of net identifiable assets of acquired subsidiary 77,200
cost of equipment acquired for research and development projects; the equipment has an alternative future use 87,200
costs of developing a secret formula for a product that is expected to be marketed for at least 20 years 83,400
on the basis of this information, compute the total amount to be reported by kingbird for intangible assets on its balance sheet at year-end.

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firm’s labor demand function? b.if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]