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For Packard Corp., the following information is available: Capitalized leases $200,000 A sinking fund 225,000 Trademarks 175,000 In Packard's balance sheet, intangible assets should be

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For Packard Corp., the following information is available: Capitalized leases $200,000 A sinking fund 225,000 Trademarks 175,000 In Packard's balance sheet, intangible assets should be reported at: O a. $375,000 O b. $400,000 O c. $175,000 O d. $425,000

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