Given the following account balances at year end, how much is amortization expense on analog enterprises income statement for the current year if the company amortizes intangibles over ten years? sales revenue, $45,000,000; patents, $1,500,000; accounts receivable, $4,000,000; land, $15,000,000; equipment, $25,000,000; trademarks, $1,000,000; goodwill, $4,500,000; and copyrights of $2,000,000. the company also paid $500,000 for research & development at the start of the current year. assume that all of the company's intangible assets were acquired at the start of the current year.
a.$950,000
b.$400,000
c.$150,000
d.$500,000
e.$350,000