Question: er 10 and 11 i Saved Help Save & Exit Submit Short Corporation acquired Hathaway, Inc., for $44,950,000. The fair value of all Hathaway's identifiable

er 10 and 11 i Saved Help Save & Exit Submit Short Corporation acquired Hathaway, Inc., for $44,950,000. The fair value of all Hathaway's identifiable tangible and intangible assets was $40,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition? Multiple Choice $4,950,000 $2,475,000 $0 $1,237,500

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