The amount to be reported $ The amount to be amortized $ 3. On January 1, 2025, Blossom incurred organization costs of $252,500. What amount of organization expense should be reported in 2025 ? The amount to be reported $ nominal fee, Blossom can renew the license indefinitely for successive 5-year terms. What amount should be amortized for the year ended December 31,2025 ? The amount to be amortized $