2. Blossom bought a franchise from Alexander Co. on January 1, 2016, for $305,000. The carrying amount of the franchise on Alexanders books on January 1, 2016, was $455,000. The franchise agreement had an estimated useful life of 30 years. Because Blossom must enter a competitive bidding at the end of 2018, it is unlikely that the franchise will be retained beyond 2025. What amount should be amortized for the year ended December 31, 2017?

The amount to be amortized $ [Entry field with incorrect answer now contains modified data]