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Sorrento Park Corp. has estimated that total amortization expense for the year ending December 31, 2014 will amount to $350,000, and that 2014 year-end bonuses
Sorrento Park Corp. has estimated that total amortization expense for the year ending December 31, 2014 will amount to $350,000, and that 2014 year-end bonuses to employees will total $260,000. In Sorrento Park's interim income statement for the six months ended June 30, 2014, what is the total amount of expense relating to these two items that should be reported?
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