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The general ledger of Vance Corporation as of December 31, 2021, includes the following accounts: Copyrights $ 60,000 Deposits with advertising agency (will be used

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

Copyrights $ 60,000

Deposits with advertising agency (will be used to promote goodwill) 37,000

Discount on bonds payable 80,000

Excess of cost over fair value of identifiable net assets of

Acquired subsidiary 490,000

Trademarks 100,000

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

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