The General Ledger of Vance Corporation as of December 31

Multiple Choice

The general ledger of Vance Corporation as of December 31, 2007, includes the following accounts: $$\begin{array} { l r } \text { Copyrights } & \$ 20,000 \\\text { Deposits with advertising agency (will be used to promote goodwill) } & 27,000 \\\text { Discount on bonds payable } & 67,500 \\\text { Excess of cost over fair value of identifiable net assets of } & \\\quad \text { Acquired subsidiary } & 390,000 \\\text { Trademarks } & 90,000\end{array}$$ In the preparation of Vance's balance sheet as of December 31, 2007, what should be reported as total intangible assets?

A) $594,500.
B) $527,000.
C) $500,000.
D) $460,000.