On january 1, 2018, jackie corp. purchased 30% of the voting common stock of rob co., paying $2,000,000. jackie properly accounts for this investment using the equity method. at the time of the investment, rob's total stockholders' equity was $3,000,000. jackie gathered the following information about rob's assets and liabilities whose book values and fair values differed:
buildings - 10 year life book value $1,000,000 fair value $1,500,000
equipment - 5 years life book value $2,500,000 fair value $3,000,000
franchises 10 year life book value $0 fair value $ 500,000
any excess of cost over fair value was attributed to goodwill, which has not been impaired.
rob co. reported net income of $300,000 for 2008, and paid dividends of $100,000 during that year.

what is the amount of excess amortization expense for jackie corp's investment in rob co. for the first year?
(a) $0.
(b) $30,000.
(c) $40,000.
(d) $55,000.
(e) $60,000.