The general ledger of Vance Corporation as of December 31, 2011, includes the following accounts: Copyrights $ 30,000 Deposits with advertising agency (will be used to promote goodwill) 27,000 Discount on bonds payable 70,000 Excess of cost over fair value of identifiable net assets of Acquired subsidiary 390,000 Trademarks 90,000 In the preparation of Vance's balance sheet as of December 31, 2011, what should be reported as total intangible assets? a. $480,000. b. $507,000. c. $510,000. d. $537,000.