A search of U.S. copyright renewal records both generally and with a specific focus on 1986 and 1987 reveals that neither Distributors Corporation of America nor any asignee renewed any copyright to this advertisement or any collection of advertisement or any collection of material that might encompass this advertisement as would have been required to maintain copyright protection, if any.
There is no evidence that Distributors Corporation of America or any asignee claims copyright on the image.
Note that it may still be copyrighted in jurisdictions that do not apply the rule of the shorter term for US works (depending on the date of the author's death), such as Canada (70 years p.m.a.), Mainland China (50 years p.m.a., not Hong Kong or Macao), Germany (70 years p.m.a.), Mexico (100 years p.m.a.), Switzerland (70 years p.m.a.), and other countries with individual treaties.