Fuzziwig's Candles Has Two Intangible Assets Calculate the Amount of Amortization Expense That Should Be Reported

Fuzziwig's Candles has two intangible assets.Information concerning each is provided in the following table:
$\begin{array}{lrr}&\underline{ \text {Goodwill}}& \underline{ \text {Trademark}}\\\text { Date of purchase } & \text { June } 30, \text { Year 1 } & \text { January 1, Year } 1 \\\text { Cost } & \$ 500,000 & \$ 250,000 \\\text { Legal life } & \text { None } & 10 \text { years } \\\text { Useful life } & 40 \text { vears } & 5 \text {years }\end{array}$

Calculate the amount of amortization expense that should be reported for Year 1.