Question: answer should be $0 please explain clearly Ivanhoe Industries purchased Oriole, Inc. on June 30, 2014 and recorded goodwill of $53,320 on this purchase. The

answer should be $0 please explain clearly

Ivanhoe Industries purchased Oriole, Inc. on June 30, 2014 and recorded goodwill of $53,320 on this purchase. The useful life of the goodwill is estimated to be 20 years. How much is goodwill amortization expense for 2014? Goodwill amortization expense for 2014 $

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