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Legal fees on formation $54,000 Rent expenses for the period July 1-October 31 $20,000 Rent expenses for the period November1- Dec 31 $10,000 If the

Legal fees on formation $54,000 Rent expenses for the period July 1-October 31 $20,000 Rent expenses for the period November1- Dec 31 $10,000 If the partnership capitalizes and amortizes all appropriate costs, its amortization expense (rounded) for the current year is:

A. $10,711

B.$6,756

C. $5,767

D. $1,589

E. None of the Above

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