On January 2, 2025, Cullumber Co. bought a trademark from Ivanhoe, Inc. for $1890000. An independent research company estimated that the useful life of the trademark at that time was 10 years. The trademark's carrying value on Ivanhoe's books was $1390000. Cullumber 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 Cullumber's 2025 income statement, what amount should be reported as amortization expense? $139000.$347500.$378000.$189000