On 1 April 20X1, Corvelle signs a remote monitoring subscription of 24 months and pays its sales agent a commission of 9,000, recognised as an asset. Corvelle anticipates a specifically identified extension of 12 months, with no new commission. The service is provided evenly every month. Corvelle's reporting date is 31 December. What is the amortisation expense of this asset for the year 20X1?
- Commission recognised as an asset
- 9,000
- Term of the signed subscription
- 24
- Term of the anticipated extension
- 12