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Gruber Corporation purchased a patent from Proper Corporation on January 1, 2018, at a cost of $72,000. The useful life of the patent was estimated

Gruber Corporation purchased a patent from Proper Corporation on January 1, 2018, at a cost of $72,000. The useful life of the patent was estimated to be 10 years. Proper Corporation's unamortized cost was $75,000. In Gruber's 2018 income statement, the amortization expense would be what? Assume Gruber Corporation owns no other intangibles.

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