Blockbuster FY 2002 10K states, "Blockbuster Inc. is the worlds leading provider of rentable home movies and video games, with over 8,500 stores in the United States, its territories and 28 other countries as of December 31, 2002." John F. Antioco serves as chairman, president and chief executive officer. Mr. Antioco signed the 10K reflecting his assessment of Blockbuster Inc at the time of its writing. Also in 1997, Netflix was founded offering a competing but different "online entertainment subscription service" with DVD deliveries of "movie, television and other filmed entertainment" by "firstclass mail and return them to us at their convenience using our prepaid mailers." According to Blockbuster's 2002 10K, Blockbuster adopted SFAS 142 accounting principle resulting in _____ . Based on the Blockbuster's 2002 10K, the 2001 _____ economic outcome might have precipitated the change in accounting principle. SFAS 142 ____. Complete the sentences by selecting the single best available answer from those presented below. Group of answer choices

A) a $1.82 billion impairment of goodwill; unanticipated $240.3M income loss before cumulative effect of change in accounting principle; eliminates the amortization of goodwill and intangible assets with indefinite lives and requires instead that those assets be tested for impairment annually.

B) a $1.3 billion impairment of goodwill; $3,207.2 million in gross profit; replaces amortization of goodwill and intangible assets with indefinite lives with straight line amortization.

C) a $1.82 billion impairment of goodwill; unanticipated $240.3M income loss before cumulative effect of change in accounting principle; replaces amortization of goodwill and intangible assets with indefinite lives with straight line amortization.

D) $5,565.9 million in revenue; $3,207.2 million in gross profit; eliminates the amortization of goodwill and intangible assets with indefinite lives and requires instead that those assets be tested for impairment annually.

E) a $1.3 billion impairment of goodwill; unanticipated $240.3M income loss before cumulative effect of change in accounting principle; replaces amortization of goodwill and intangible assets with indefinite lives with straight line amortization.

F) $5,565.9 million in revenue; $3,207.2 million in gross profit; replaces amortization of goodwill and intangible assets with indefinite lives with straight line amortization.