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Daniel's business, Live Today and Tomorrow (LTT), is looking for ways to improve solar energy and other green initiatives. LTT purchases $38,200 in patents in

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Daniel's business, Live Today and Tomorrow (LTT), is looking for ways to improve solar energy and other "green" initiatives. LTT purchases $38,200 in patents in the purchase of Stay Green, Inc. on August 1 and also creates a new patent itself for $24,300 on December 1. What is LTT's amortization expense? (Round answer to 0 decimal places, e.g. 125.)

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