On January 1 2017 Muhlenberg Corp . bought a trademark from Glasgow Corp . for $160 000 . An independent consultant retained by Muhlenberg estimated that the remaining useful life is 50 years . The trademark's carrying Value on Yarmouth's books was $61 000 Muhlenberg decided to write off the trademark over the maximum period allowed How much should be amortized for the year ended December 31 2017 ? $1 220 $3 200 $4000 $8 000