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Daigle Manufacturing Company purchased one of its suppliers, Santa Cruz Tools. Daigle Manufacturing recorded goodwill in the amount of $2,400,000. It anticipates this value will

Daigle Manufacturing Company purchased one of its suppliers, Santa Cruz Tools. Daigle Manufacturing recorded goodwill in the amount of $2,400,000. It anticipates this value will face impairment within 10 years. How much amortization of goodwill will Daigle Manufacturing record in the second year after the acquisition of Santa Cruz Tools? O a. $240,000 O b. $1,200,000 O c. $0 O d. $2,400,000

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