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On January 1, 2024, Conner, Inc. purchased a trademark for $390,000 cash. The trademark's expected useful life is 20 years. The trademark has no residual

On January 1, 2024, Conner, Inc. purchased a trademark for $390,000 cash. The trademark's expected useful life is 20 years. The trademark has no residual value. What is the amount of amortization expense for 2024? OA. $9,750 OB. $39,000 OC. $19,500 OD. $13,000

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