On January 15, 2018, a corporation was granted a patent on a product. On January 2, 2020, to protect its patent, the corporation purchased a patent on a competing product that originally was issued on January 10, 2016. Because of its unique plant, the corporation does not feel the competing patent can be used in producing a product. The cost of the competing patent should be

		Amortized over a maximum period of 17 years
		Amortized over a maximum period of 13 years
		Amortized over a maximum period of 9 years
		Expensed in 2020