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For Grimmett Company, the following information is available: Capitalized leases $600,000 Trademarks 500,000 Long-term receivables 225,000 In Grimmetts balance sheet, intangible assets should be reported

For Grimmett Company, the following information is available:

Capitalized leases $600,000

Trademarks 500,000

Long-term receivables 225,000

In Grimmetts balance sheet, intangible assets should be reported at $__________

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