During 2020 you purchased the following assets at the following prices:

January 2^nd: 100 shares of Apple, Inc., $12,000

February 1^st: 500 shares of Startup, Inc., $250,000

August 1^st: 4% partnership interest in Smart & Smarter, CPAs, $400,000

August 1^st: Trademark (registration) for Best Tax Service, your Schedule C tax advisory business for clients that Smart & Smarter wants no part of, $175,000 (including attorneys fees)

September 1^st: Noncompete / Nondisclosure Agreement with former employee of your Schedule C business, $100,000

Calculate, state, and explain your total 2020 amortization deduction.