Assume that Bethany acquires a competitor's assets on March $31$stMarch $31$st$.$ 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 Bethany's amortization deduction for the current year?

Note: Round final answer to the nearest whole number.

Multiple Choice

$$1,389$

$$0$

None of the choices are correct.

$$1,319$

$$1,250$