The answer is P0. I just need the complete solution.

On January 1I 2020, Kimmy Company acquired a broadcasting license for P400,DOO that is renewable every 10 years if Kimmy provides at least an average level of service to its customers and complies with the relevant legislative requirements. The license may be renewed indefinitely at little cost and has been renewed twice before the most recent acquisition. Kimmy intends to renew the license indefinitely and evidence supports its ability to do so. Historically, there has been no compelling challenge to the license renewal. The technology used in broadcasting is not expected to be replaced by another technology at any time in the foreseeable future. How much is amortization expense to be recognized on December 31. 2020? l