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Smitty Museum purchased the copyright to a piece of artwork for $942,000. Smitty plans to reproduce 1.8 million posters of the artwork over a period

Smitty Museum purchased the copyright to a piece of artwork for $942,000. Smitty plans to reproduce 1.8 million posters of the artwork over a period of 11 years. Calculate the amortization for the year assuming the Museum plans to reproduce and sell 134,000 posters the first year.

a.$87,636

b.$74,444

c.$85,636

d.$0, copyrights are not amortized.

e.$70,127

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