Given the following account balances at year end, how much is amortization expense on Anisha Enterprises income statement for the current year if Anisha thinks all of its intangibles should be amortized over ten years?

Sales revenue$45,000,000Patents1,500,000Accounts receivable4,000,000Land15,000,000Equipment25,000,000Trademarks1,000,000Goodwill4,500,000Research & development2,000,000

$250,000

$900,000

Some other answer

$700,000