Identify how the following item should be recognized: Puchase of a company for $100,000 over the fair value of its identifiable net assets. Expensed Intangible asset with indefinite life O Intangilbe asset with finite life Goodwill QUESTION 15 Identify how the following item should be recognized: Research costs to internally develop a customer list over a 5-year period. Intangilbe asset with a finite life Expense Goodwill Intangible assets with an indefinite life