Kern corporation began operating as a business in 2017. during january 2017, the company paid $300,000 in design costs to develop its trademark and $250,000 in legal and registration fees to secure the trademark. during october 2017, the company successfully defended its trademark, paying an additional $150,000 in legal fees during the process. at what amount should kern corporation report its trademark on its december 31, 2017 balance sheet? (a)$150,000.(b)$400,000.(c)$550,000 .(d)$150,000.