Alpha Corporation acquired Beta Inc. As part of the acquisition, Alpha records goodwill of $4,000,000. Alpha estimates that this goodwill can be attributed to acquisition of trained employees ($800,000), loyal customers ($1,200,000), company location ($500,000), and synergies with Alpha's existing operations ($1.500,000). Alpha expects these benefits to be realized over the next 10 years. At the end of the first year, management calculates amortization of the goodwill to be $400,000 ($4,000,000 = 10 years). Which of the following statements is correct? Multiple Choice O Management should not amortize any goodwill Management should calculate amortization based only on the value of trained employees and loyal customers Management should calculate amantation based only on company location and synergies with existing operations Management's calculation is correct