20. 20 21. 21 On January 1, 2014, Russell Company purchased a copyright for $2,000,000, having an estimated useful life of 16 years. In January 2018, Russell paid $300,000 for legal fees in a successful defense of the copyright. Copyright amortization expense for the year ended December 31, 2018, should be a. $0. b. $125,000. c. $143,750. d. $150,000. An expenditure made in connection with a machine being used by an enterprise should be: a. expensed immediately if it merely extends the useful life but does not improve the quality. b. expensed immediately if it merely improves the quality but does not extend the useful life. c. capitalized if it maintains the machine in normal operating condition. d. capitalized if it increases the quality of units produced by the machine.