7. Company B owns a broadcast license that is on the books for $ 4 million and it has an indefinite economic life. Assuming Co. B cannot use the qualitative test, it must: A). Not amortize the intangible asset, compare cost to fair value each year and, if fair value is lower, record an impairment charge B). Amortize over 40 years and measure for impairment if undiscounted cash flows are less than $4 million C). Not amortize, measure for impairment only if there are indicators