Sparky, Inc. presented the following select balance sheet accounts for Plant, Property & Equipment as well as Intangibles as of December 31, 2019. (All balances are after closing):

Plant, Property & Equipment:
Equipment (net of Accumulated Depreciation)	$ 319,200
Intangibles:
Patent FJ190X (net of Accum Amortization)	$ 162,000

The following information was reported in Sparkys 10K filing as of December 31, 2019:

1. The equipment was purchased for $420,000 on October 1, 2018. It has an expected service life of ten years and no salvage value. Sparky uses the Double-Declining Balance method for this class of asset.
2. The patent was acquired on January 1, 2019 and at that time had an estimated remaining useful life of 10 years.

During 2020, the following transactions and events may have affected Sparkys long-lived assets:

July 1	Paid $68,000 in legal fees that resulted in the successful defense of the patent. This event did not change the estimated remaining useful life.
Aug 1	Sparky paid $3,950,000 to acquire all of the common stock of Anderson, Inc., which became a division of Sparky. Anderson reported the following balance sheet accounts at the time of acquisition: Current Assets $1,200,000 Current Liabilities $ 900,000 Plant & Equip (net) 3,800,000 Long-Term Debt 1,100,000 Stockholders Equity 3,000,000
	*On the date of the business combination, it was determined that the fair value of Anderson's Plant & Equipment was $4,150,000. The fair value of Anderson's Long-Term Debt was determined to be $1,000,000 due to changes in interest rates. For all other balance sheet accounts, Anderson's book value was equal to their fair value.
Dec 31	At year-end, after recording the appropriate depreciation on the equipment, Sparky determined it was necessary to perform an impairment test due to rapid changes in demand for the one and only product this piece of equipment produces. Sparky estimated the future net cash flows of the equipment to be $65,000 per year for the next three years. Sparky intends to continue using the equipment and evaluates PP&E using a discount rate of 15%. (PV of $1, 15%, 3n is .657 and PVOA, 15%, 3n is 2.625)

Using the above information, answer each of the following questions:

1. Determine Amortization Expense for all of fiscal year 2020 for Patent FJ190X: ________