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Given the Following Account Balances at Year End Compute the Total

Question 47

Multiple Choice

Given the following account balances at year end compute the total intangible assets on the balance sheet of Janssen Enterprises.  Cash $1,500,000 Accounts Receivable 1,000,000 Trademarks 1,200,000 Goodwill 2,500,000 Research & Development Costs 2,000,000\begin{array} { l r } \text { Cash } & \$ 1,500,000 \\\text { Accounts Receivable } & 1,000,000 \\\text { Trademarks } & 1,200,000 \\\text { Goodwill } & 2,500,000 \\\text { Research \& Development Costs } & 2,000,000\end{array}


A) $9700000.
B) $5700000.
C) $3700000.
D) $7700000.

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