On March $13,2022,$ Dr$.$ Gerald Steinman acquired a dental practice for $$1,200,000$ cash. The market value of the equipment and fixtures he received was $$650,000,$ and he assumed $$80,000$ in debt secured by the equipment. How much will Dr$.$ Steinman's $2022$ deductible amortization expense be for this acquisition? $($Round answer to the nearest dollar$)$

Group of answer choices

$$550,000$

Not enough Information to determine

$$3,500$

$$0,$ because goodwill isn't amortized for tax purposes, but instead tested for impairment

$$35,000$

$$30,555$