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4 1. For Grimmett Company, the following information is available: Capitalized leases Trademarks Long-term receivables $600,000 275,000 225,000 In Grimmett's balance sheet, intangible assets should

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4 1. For Grimmett Company, the following information is available: Capitalized leases Trademarks Long-term receivables $600,000 275,000 225,000 In Grimmett's balance sheet, intangible assets should be reported at a. $275,000. b. $500,000 c. $825,000. d. $875,000

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