Platteville Corporation has the following account balances at 12/31/18:

Amortization expense $20,000

Goodwill 280,000

Patent, net of $60,000 amortization 160,000

What amount should Platteville report for intangible assets on the 12/31/18 balance sheet?

A) $160,000 B) $220,000 C) $440,000 D) $460,000

Must show work!