The green fiddle is considering a project that will produce sales of $87,000 a year for the next four years. the profit margin is 6 percent, the project cost is $96,000, and depreciation is straight-line to a zero book value over the life of the project. the required accounting return is 11 percent. this project should be because the aar is percent.

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?