Blue Co. has a patent on a communication process. The company has amoritized the patent on a straight-line basis since 2012, when it was acquired at a cost of $55 million at the beginning of that year. Due to rapid technological advances in the industry, managment decided that the patent would benefit the company over a total of six years rather than the nine-yeat life being used to amoritize its cost. The decision was made at the end of 2016 (before adjusting and closing entries). What is the appropriate patent amoritization expense in 2016? Do not round your answer

A.) $30.56 million

B.) $7.64 million

C.) $6.11 million

D.) $15.28 million