Fix It Right Corp. (FIR) follows ASPE and is preparing its financial statements for the year ended December 31, Year 3. FIR owns a licence that was recorded as an intangible asset in Year 1 when it was purchased on January 1 for $85,000. The licence expires 10 years from its issuance. In addition, FIR purchased a trademark on July 1, Year 3, for $9,000 from a competitor that was closing its business. The trademark has an indefinite useful life. FIR amortizes its intangible assets on a straight-line basis starting in the month of purchase. 

What is the total amortization expense related to intangible assets that should be recorded in Year 3?

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