Answer:
$183,493.91
Step-by-step explanation:
The computation of the amortization expense is shown below:
but before that following calculations are needed
The Amortization cost per year is
= $2,500,000 ÷ 16 years
= $156,250
Now the legal fees per year
= $326,927 ÷ 12 years
= $27243.92
Now the amortization expense is
= $156,250 + $27243.92
= $183,493.91