Granite Enterprises acquired a patent from Southern Research Corporation on January 1,2018, for $4.4 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 $210,000 at the end of five years. Compute Granite's patent amortization for 2018 assuming the straight-line method is used. Multiple Choice $880,000. $440,000. $838,000 $419,000