Claire Boucher entered into a franchise agreement with City Slippers. The franchise agreement has an initial term of 10 years although Claire has the option to renew the agreement for an unspecified period of time. She incurred the following costs in setting up her new business between January 1 and October 31, 2019:

Purchase of patent on a unique foot measuring tool, legal life 15 years, indeterminate service life	$45,000
Excess of purchase price over fair value in acquisition of net assets of former building owner	35,000
Initial franchise fee	25,000
Cost of customer list purchased from nearby retail clothing store to be used during first 2 years of operations	10,000
Cost of city-wide grand opening advertising campaign	8,000

Claire opened the store on November 1, 2019. For the year ended December 31, 2019, how much in expenses would be recognized related to the above costs? (Assume City Clippers uses the straight-line method of depreciation.)

a. $1,750

b. $9,750

c. $3,083

d. $1,333

e. $9,333