Problem:
The general ledger of Younger Corporation as of December 31, 2011, includes the following accounts:
Copyrights $20,000
Deposits with advertising agency (promote goodwill) 13,500
Discount on bonds payable 33,750
Excess of cost over fair value of identifiable net assets of
acquired subsidiary 245,000
Trademarks 45,000
In the preparation of Younger's balance sheet as of December 31, 2011, what should be reported as total intangible assets?
a $357,250.
b $323,500.
c $310,000.
d $290,000.