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Chapter 7 Gulz Instructions I help Question 2 (of 3) Save&Exit Submit 333 points in earty January, Burger Mania acquired 100% or the common stock

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Chapter 7 Gulz Instructions I help Question 2 (of 3) Save&Exit Submit 333 points in earty January, Burger Mania acquired 100% or the common stock ofthe Cnspy Taco restaurant chain. The purchase price allocation included the following items: $6 million. patent: $5 million, trademark considered to have an indefinite useful life; and $8 million, goodwill. Burger Mania's policy is to amortize intangible assets with finite useful lves using the straight-line method, no residual value, and a five-year service life What is the total amount of amortization expense that would appear in Burger Mania's income statement for the first year ended December 31 related to these items? (Enter your answers in dollars, not in millions (Le. 5 should be entered as 5,000,000).)

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