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Ramirez Stores purchased a trademark at the beginning of 2017 for $340,000. Economic benefits were expected for ten years, but the trademark's legal life was

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Ramirez Stores purchased a trademark at the beginning of 2017 for $340,000. Economic benefits were expected for ten years, but the trademark's legal life was 20 years. Also, during 2017, Ramirez incurred research and development costs of $200,000. The book value of the trademarks at December 31, 2017. is a. $506,000 $323.000. b. $306.000 N O d. $486.000

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