Given the following account balances at year end, compute the total intangible assets on the balance sheet of Anisha Enterprises.
Cash $1,500,000
Accounts Receivable 4,000,000
Trademarks 1,000,000
Goodwill 4,500,000
Research & Development Costs 2,000,000
a. $11,500,000
b. $7,500,000
c. $5,500,000
d. $9,500,000
Answer: C
Accounting
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