ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 20

$ 5,800,000 at that time . What amount of loss on impairment of goodwill should Jenks record in 2015 ?
20 ) The general ledger of Vance Corporation as of December 31 , 2015 , includes the following accounts :
Copyrights $ 30,000
Deposits with advertising agency ( will be used to promote goodwill ) 27,000
Discount on bonds payable 70,000
Excess of cost over fair value of identifiable net assets of Acquired subsidiary 480,000
Trademarks 90,000
In the preparation of Vance ' s balance sheet as of December 31 , 2015 , what should be reported as total intangible assets ?