Derek purchases a small business from Art on June 30, 2019. He paid the following amounts for the business:

Fixed assets	$180,000
Goodwill	40,000
Covenant not to compete	30,000
Total	$250,000

a. How much of the $250,000 purchase price is for Section 197 intangible assets? $

b. What amount can Derek deduct on his 2019 tax return as Section 197 intangible amortization?

Use months, not days, in your computations. Round your answer to the nearest dollar.

$