2. Sandhill bought a franchise from Dougherty Co. on January 1, 2021, for $400,000. The franchise agreement had an estimated useful life of 30 years. Because Sandhill must enter a competitive bidding at the end of 2030, it is unlikely that the franchise will be retained beyond 2030. What amount should be amortized for the year ended December 31, 2022? The amount to be amortized $

2. Sandhill bought a franchise from Dougherty Co. on January 1,2021, for $400,000. The franchise agreement had an estimated useful life of 30 years. Becanse Sandhal must enter a competitive bidding at the end of 2030 , it is unlikely that the franchise will be retained beyond 2030. What amount should be armortized for the year ended December 31,2022? The ampunt to be amortized