Assume that ABC, Inc, acquires a competitor's assets on June 10, 2020. The purchase price was $150,000. Of that amount, $125,000 is allocated to tangible assets and $25,000 is allocated to goodwill (a 197 intangible asset). What is ABC, Inc. amortization deduction for 2020? (Round final answer to the nearest whole number.)

Question 7 options:

a)

$25,000.

b)

$1,667.

c)

$972.

d)

$833.

e)	None of the above.