On january 1, 2014, russell company purchased a copyright for $2,500,000, having an estimated useful life of 16 years. in january 2018, russell paid $375,000 for legal fees in a successful defense of the copyright. copyright amortization expense for the year ended december 31, 2018, should be
a. $0. b. $156,250. c. $179,686. d. $187,500
