On January 1 . 2010, Elaine Company purchased for $600,000, a trademark with an estimated useful life of 1 . years. In January 2014, Elaine paid $90,000 for legal fees in a successful defense of the trademark. Trademark amortization expense for the year ended December 31 . 2014, should be

a. $37,500.
b. $43,125.
c. $45,000.
d. $90,000.


C

Business

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