Berry Co. purchases a patent on January 1, 2021, for $38,000 and the patent has an expected useful life of five years with no residual value. Assuming Berry Co. uses the straight-line method, what is...

Berry Co. purchases a patent on January 1, 2021, for $38,000 and the patent has an expected useful life of five years with no residual value. Assuming Berry Co. uses the straight-line method, what is theamortization expense for the year ended December 31, 2022?