Ondira develops an online booking platform throughout 20X1. Each month, it incurs 15,000 of employee benefits for staff assigned to the project and 4,000 of hosting services consumed by the development. The recognition criteria are first met on 1 September 20X1. In December 20X1, it also incurs 5,000 to train the agents who will operate the platform. What is the cost of the intangible asset at 31 December 20X1?
- Monthly employee benefits
- 15,000
- Monthly hosting services
- 4,000
- Training of operating agents
- 5,000