Derek purchases a small business from Art on August 30, 2022. He paid the following amounts for the business: Line Item Description Amount Fixed assets $170,000 Goodwill 50,000 Covenant not to compete 20,000 Total $240,000 What amount can Derek deduct on his 2022 tax return as Section 197 intangible amortization? Use months, not days, in your computations. Round your answer to the nearest dollar