Flint Corporation's general ledger as of December 31, 2016, includes the following accounts:

Corporation (start-up) Cost: $5,000

Deposits with advertising agency (will be used to promote goodwill) $8,000

Discounts on bonds payable $15,000

Excess of purcahse price over fair value of the identifiable bet assets of acquired company $70,000

Trademarks $12,000

In the preparation of Flint's balance sheet as of December 31, 2016, what should be reported as total intangible assets?

a.$82,000

b.$87,000

c.$95,000

d.$110,000