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

Copyrights	$ 57000
Deposits with advertising agency (will be used to promote goodwill)	34000
Discount on bonds payable	77000
Excess of cost over fair value of identifiable net assets of
Acquired subsidiary	550000
Trademarks	70000

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

$620000.

$711000.

$677000.

$654000.