For Mitchell Company, the Following Information Is Available $\begin{array}{lr}\text { Capitalized leases } & \$ 280,000 \\\text { Trademarks } & 90,000 \\\text { Long-term receivables } & 105,000\end{array}$

Multiple Choice

For Mitchell Company, the following information is available: $\begin{array}{lr}\text { Capitalized leases } & \$ 280,000 \\\text { Trademarks } & 90,000 \\\text { Long-term receivables } & 105,000\end{array}$ In Mitchell's balance sheet, intangible assets should be reported at

A) $90,000.
B) $105,000.
C) $370,000.
D) $385,000.