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American Company acquired all of the assets and liabilities of Braziian Company. Brazialian Company has research and development projects in process, which have not yet

American Company acquired all of the assets and liabilities of Braziian Company. Brazialian Company has research and development projects in process, which have not yet been completed. How does American Company report Brazialians in-process research and development?

A.

As an indefinite life intangible asset, at fair value
B.

As a limited life intangible asset, at fair value
C.

As part of goodwill
D.

It is not reported

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