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How intangible assets should be reported at

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Reference no: EM132703319

For Randolph Company, the following information is available:

Capitalized leases $280,000
Trademarks 90,000
Long-term receivables 105,000

Problem 1: In Randolph's balance sheet, intangible assets should be reported at

a. $90,000
b. $105,000
c. $370,000
d. $385,000

Reference no: EM132703319

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