Smitty Museum purchased the copyright to a piece of artwork for $930,000. Smitty plans to reproduce 2.6 million posters of the artwork over a period of 9 years. Calculate the amortization for the year assuming the Museum plans to reproduce and sell 138,000 posters the first year year.

$0, copyrights are not amortized

$49,362

$105,133

$103,333

$100,625