On January 2, 2010, Fran acquires a business from Chuck. Among the assets purchased are the following intangibles: patent with a 9-year remaining life, a covenant not to compete for 12 years, and goodwill.

Of the purchase price, $150,000 was paid for the patent and $48,000 for the covenant.

The amount of the excess of the purchase price over the identifiable assets was $87,000.

What is the amount of the amortization deduction for 2010? 

A) $15,800. 

B) $19,000. 

C) $13,200. 

D) None of the above. 

E) $26,460