On January 1, 2007, Barry Company purchased for $600,000, a trademark with an estimated useful life of 16 years. In January 2011, Barry paid $90,000 for legal fees in a successful defense of the trademark. Trademark amortization expense for the year ended December 31, 2011, should be
A) $37,500.
B) $43,125.
C) $45,000.
D) $90,000.

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The Answer of On January 1, 2007, Barry Company purchased for $600,000, a trademark with an estimated useful life of 16 years. In January 2011, Barry paid $90,000 for legal fees in a successful defense of the trademark. Trademark amortization expense for the year ended December 31, 2011, should be
A) $37,500.
B) $43,125.
C) $45,000.
D) $90,000.

On January 1, 2007, Barry Company Purchased for $600,000, a Trademark