notes to consolidated financial statements 2014 ( continued ) owns the remaining 44% ( 44 % ) .
we purchased our share of gpap philippines for $ 10.9 million .
the purpose of this acquisition was to expand our presence in the asia-pacific market .
this business acquisition was not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to this acquisition .
the following table summarizes the preliminary purchase price allocation ( in thousands ) : .

Goodwill
$6,286
Customer-related intangible assets
3,248
Contract-based intangible assets
952
Trademark
224
Property and equipment
300
Total assets acquired
11,010
Minority interest in equity of subsidiary (at historical cost)
(132)
Net assets acquired
$10,878

all of the goodwill associated with the acquisition is non-deductible for tax purposes .
the customer-related intangible assets have amortization periods of 11 years .
the contract-based intangible assets have amortization periods of 7 years .
the trademark has an amortization period of 5 years .
money transfer branch locations during 2009 , we completed the second and final series of money transfer branch location acquisitions in the united states as part of an assignment and asset purchase agreement with a privately held company .
the purpose of this acquisition was to increase the market presence of our dolex-branded money transfer offering .
the purchase price of these acquisitions was $ 787 thousand with $ 739 thousand allocated to goodwill and $ 48 thousand allocated to intangibles .
pursuant to our annual impairment test in fiscal 2009 , goodwill and other intangibles related to our money transfer business were deemed impaired .
please see note 3 2014impairment charges for further information .
this business acquisition was not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to this acquisition .
fiscal 2008 discover during the year ended may 31 , 2008 , we acquired a portfolio of merchants that process discover transactions and the rights to process discover transactions for our existing and new merchants for $ 6.0 million .
the purchase of the portfolio was structured to occur in tranches .
during fiscal 2009 , additional tranches were purchased for $ 1.4 million .
as a result of this acquisition , we now process discover transactions similarly to how we currently process visa and mastercard transactions .
the purpose of this acquisition was to offer merchants a single point of contact for discover , visa and mastercard card processing .
the operating results of the acquired portfolio have been included in our consolidated financial statements from the dates of acquisition .
the customer-related intangible assets have amortization periods of 10 years .
these business acquisitions were not significant to our consolidated financial statements and accordingly , we have not provided pro forma information relating to these acquisitions. .

Question: Analyse this data from a financial earnings document. what is the yearly amortization expense related to customer-related intangible assets , ( in thousands ) ?
Choices:
-295.27273
35728
26.84298
3.41176
295.27273
Correct choice index: 4