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Assume that Bethank acquires a competitor's assets o March 27th. The purchase price was $150,000....

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Accounting

Assume that Bethank acquires a competitor's assets o March 27th. The purchase price was $150,000. Of that amount, $125,000 is allocated to tangible asets and $25,00 is allocated to goodwill (a $197 intangible asset). What is Bethany's amortization expense for the current year, rounded to the nearest whole numbers?

A)$0

B)$1,1250

C)$1,319

D)$1,389

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