At December 31, 2020, Walker Corp.'s general ledger includes the following account balances: Copyrights................................................................................................$50,000
Depasit with advertising agency (will be used to promote goodwill) ..32,000
Discount on bonds payable..........................................................................72,700
Excens of cost over fair value of identifiable net assets of acquiredsubsidiary........................................................................................578,000
Trademarks.................................................................................................102,000 In the preparation of Walker's balance sheet as of December 31, 2020, what should be reported as total intangible assets?
A) $ 152,000
B) $ 730,000
C) $ 762,000
D) $ 802,700

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The Answer of At December 31, 2020, Walker Corp.'s general ledger includes the following account balances: Copyrights................................................................................................$50,000
Depasit with advertising agency (will be used to promote goodwill) ..32,000
Discount on bonds payable..........................................................................72,700
Excens of cost over fair value of identifiable net assets of acquiredsubsidiary........................................................................................578,000
Trademarks.................................................................................................102,000 In the preparation of Walker's balance sheet as of December 31, 2020, what should be reported as total intangible assets?
A) $ 152,000
B) $ 730,000
C) $ 762,000
D) $ 802,700