Presented below is information related to copyrights owned by Walter de la Mare Company at December 31, 2014. Cost $8,564,300 Carrying amount 4,321,200 Expected future net cash flows 3,972,700 Fair value 3,485,800 Assume that Walter de la Mare Company will continue to use this copyright in the future. As of December 31, 2014, the copyright is estimated to have a remaining useful life of 10 years.

Prepare the journal entry to record amortization expense for 2015 related to the copyrights. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)