During 2020 you purchased the following assets at the following prices: January 2 nd : 100 shares of Apple, Inc., $12,000 February 1 st : 500 shares of Startup, Inc., $250,000 August 1 st : 4%...

During 2020 you purchased the following assets at the following prices:

• January 2^nd: 100 shares of Apple, Inc., $12,000


• February 1^st: 500 shares of Startup, Inc., $250,000


• August 1^st: 4% partnership interest in Smart & Smarter, CPAs, $400,000


• August 1^st: Trademark (registration) for “Best Tax Service,” your Schedule C tax advisory business for clients that Smart & Smarter wants no part of, $175,000 (including attorney’s fees)


• September 1^st: Noncompete / Nondisclosure Agreement with former employee of your Schedule C business, $100,000

Calculate, state, and explain your total 2020 amortization deduction.