1) Assume that Yuri acquires a competitor's assets on May 1st. The purchase price was $500,000. Of that amount, $325,000 is allocated to tangible assets, and $175,000 is allocated to goodwill (a 5197 intangible asset). What is Yuri's amortization deduction for the current year? Note: Round final answer to the nearest whole number. Blank 1