Granite Enterprises acquired a patent from Southern Research Corporation on January 1, 2018, for $3.8 million. The patent will be used for 5 years, even though its legal life is 20 years. Rocky Corporation has made a commitment to purchase the patent from Granite for $250,000 at the end of five years. Compute Granite's patent amortization for 2018, assuming the straight-line method is used. Multiple Choice 0 $760,000 0 $710,000 0 $380,000 O $355,000 0 Proy 19 20