On January 2, 2025, Crane Co. bought a trademark from Cullumber, Inc. for $2110000. An independent research company estimated that the useful life of the trademark at that time was 10 years. The trademarks carrying value on Cullumbers books was $1610000. Crane expects that the trademark will produce 20% of its cash flows in each of years 1 and 2, 10% per year in each of the remaining years. In Cranes 2025 income statement, what amount should be reported as an amortization expense?

. 211000

. 161000

. 402500

. 422000