A corporation can amortize the cost of a covenant not-to-compete from a departing shareholder if: O A. O B. C. D. the amount agreed to be paid for the covenant reflects economic reality and the parties intended that part of the payment be used for the covenant. the amount paid was for the value of the shareholder's stock and is also a reduction of paid-in capital. the corporation (not the shareholder) wishes to designate the payments in this manner and the amount can be identified separately. the parties intended that part of the payment be used for the covenant and the amount paid was treated as compensation for the value of the shareholder's stock.