Marisela acquired a brand logo from Enrique industries for ( $ 10,000 ). She plans to renew this trademark indefinitely every year for 10 years. What advice would you offer her as it relates to the recognition of amortization of this intangible asset. The intangible asset would not be amortized given its planned indefinite life. The intangible asset would be amortized at ( $ 1,000 ) each year.

Marisela acquired a brand logo from Enrique industries for $10,000. She plans to renew this trademark indefinitely every year for 10 years. What advice would you offer her as it relates to the recognition of amortization of this intangible asset. The intangible asset would not be amortized given its planned indefinite life: The intangible asset would be amortized at $1,000 each year