Danks Corporation purchased an intangible asset for $675,000 on September 1, 2018. It had a useful life of 10 years. On January 1, 2020, Danks spent an additional $165,000 that needed to be capitalized into the intangible asset account. Danks feels that as of that date, the remaining useful life is 5 years. What amount should be reported for patent amortization expense for 2020?