An analyst in the finance department of BOOLDO, S.A., a French corporation, is computing the amortization of a customer list, an intangible asset, for the fiscal year ended 31 December 2009. She gathers the following information about the asset:

If the analyst uses the straight-line method, the amount of accumulated amortization related to the customer list as of 31 December 2009 is closest to:
A. €600,000.
B. €1,200,000.
C. €1,533,333.

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2,300,000 Acquisition cost Acquisition date 1 January 2008 500,000 Expected residual value at time of acquisition The customer list is expected to result in extra sales for three years after acquisition. The present value of these expected extra sales exceeds the cost of the list.