Problem $2-9($Static$)($LO $02-06$b$)$

According to the acquisition method of accounting for business combinations, costs paid to attomeys and accountants for services in arranging a merger should be

Multiple Choice

Included in recognized goodwill.

Recorded as an expense in the period the merger takes place.

Witten off over a five$-$year maximum usetal life."

Capitalized as part of the overall fair value acquired in the mergec.