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Incorrect answer iconYour answer is incorrect. The general ledger of Wildhorse Corporation as of December 31, 2021, includes the following accounts: Copyrights $ 47000 Deposits

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The general ledger of Wildhorse Corporation as of December 31, 2021, includes the following accounts:

Copyrights $ 47000
Deposits with advertising agency (will be used to promote goodwill) 24000
Discount on bonds payable 67000
Excess of cost over fair value of identifiable net assets of
Acquired subsidiary 450000
Trademarks 79000

In the preparation of Wildhorse's balance sheet as of December 31, 2021, what should be reported as total intangible assets?

$529000.

$553000.

$576000.

$600000.

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