$14.$ In January, $2018,$ Simply Corporation purchased a trademark for $$600,000.$ At the time of purchase, the trademark was estimated to have an useful life of $20$ years. At the end of $2020,$ the trademark had to be permanently removed from the balance sheet because the company lost a legal battle on the trademark. What amount should the company charge to expense during $2020($hint: amortization and impairment$),$ assuming amortization is recorded at the end of each year?