The general ledger of Babcock Corporation as of December 31, 2010, includes the following accounts: In the preparation of Babcock's balance sheet as of December 31, 2010, what should be reported as total intangible assets, excluding goodwill?
A) $76,000.
B) $365,000.
C) $381,000.
D) $401,350.
Correct Answer:
Verified
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