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In early January, Burger Mania acquired 100% of the common stock of the Crispy Taco restaurant chain. The purchase price allocation included the following items:

In early January, Burger Mania acquired 100% of the common stock of the Crispy Taco restaurant chain. The purchase price allocation included the following items: $6 million, patent; $5 million, trademark considered to have an indefinite useful life; and $7 million, goodwill. Burger Mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life.

What is the total amount of amortization expense that would appear in Burger Mania's income statement for the first year ended December 31 related to these items?(Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).)

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In early January, Burger Mania acquired 100% of the Common stock of the Crispy Taco restaurant chain, The purchase price allocation included the renewing items: $5 miiiion, patent; $5 million, trademalk considered to have an indenite userlli iife; and $7 million, goodwill, Burger Mania's policy is to amortize intanginle assets With nite useful lives using the straight-line method, no residual value, and a live-year service life, What is the total amount of amortization expense that would appeal in Burger Mania's income statement for the first year ended Decembet 31 related to these items? {Emerynur answars in dollars, not in millions (La. 5 should be entered as 5,000,000\" _:|

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