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Brief Exercise 11-11 (Algo) Amortization; Partial periods [LO11-4] On June 28, Lexicon Corporation acquired 100%...

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Brief Exercise 11-11 (Algo) Amortization; Partial periods [LO11-4] On June 28, Lexicon Corporation acquired 100% of the common stock of Gulf \& Eastem. The purchase price allocation included the following terms: $4.3 million, patent: $3.3 million, developed technology; $2.3 milion, indefinite-life trademark; $5.3 million, goodwill. Lexcon's policy is to amortize intangible assets using the straight-line method, no residual value, and a five-year useful life. What is the total amount of expenses (Fnoring taxes) that would appear in Lexicon's income statement for the year ended December 31 related to these ilems? Note: Enter yout answers in whole dollars, and not in millions

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