On January 1, 2023, Sandhill Ltd. purchased the copyright to a very famous piece of music....

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On January 1, 2023, Sandhill Ltd. purchased the copyright to a very famous piece of music. Sandhill paid $75,600 for the copyright. The artist died on December 31, 1999, but Sandhill had every reason to believe that the copyright would still have value for the remainder of its legal life. Calculate the amount that Sandhill should amortize each year for this copyright, assuming the benefits will essentially be even throughout its remaining life. (Round answer to 0 decimal places, e.g. 5,275.) Amortized amount $ per year On January 1, 2023, Sandhill Ltd. purchased the copyright to a very famous piece of music. Sandhill paid $75,600 for the copyright. The artist died on December 31, 1999, but Sandhill had every reason to believe that the copyright would still have value for the remainder of its legal life. Calculate the amount that Sandhill should amortize each year for this copyright, assuming the benefits will essentially be even throughout its remaining life. (Round answer to 0 decimal places, e.g. 5,275.) Amortized amount $ per year