LO10 On April 18, 2010, Petros buys all the assets of Brigid’sMuffler Shop. Included in the purchase price of $295,000 is a payment of $20,000 to Brigid not to open a competing shop in the state for a period of 5 years. Brigid’s assets at the date of sale are as follows:

The patent is on a special muffler that Brigid developed and patented 5 years ago.
Petros would like to know the maximum amount of the deduction he will be allowed on the purchase of Brigid’s assets for 2010.