Albeniz company spent 500 CU throughout X1 in promoting a not well-known trademark it created internally during that same year. This trademark is supposed to have an indefinite life. The company applies IFRS/IAS GAAP in its financial statements. The 500 CU should be

(a) Capitalized and amortized over 40 years

(b) Capitalized and not amortized but tested for impairment

(c) Not capitalized but expensed in X1

(d) Capitalized and amortized over 20 years

(e) None of these AppendixLO1