Assume that Bethany acquires a competitor's assets... Assume that Bethany acquires a competitor's assets on March 31^st. The purchase price was $150, 000. Of that amount $125, 000 is allocated lo tangible assets and $25, 000 is allocated to goodwill (a $197 intangible asset). What is Bethany's amortization expense for the current year, rounded to the nearest whole number? $0 $1, 250 $1, 319 $1, 389 None of the choices are correct