Question 8 6 Points Metal Co. paid $68,500 to purchase a goodwill from grocery shop on january, 2025 The good gives Metal Co. a rights to use it for 17 years Required Answer the following short questions: sobs an intangible asset or not? (1 point) Give justifications for your answer in requirement 1 above? 11 point) 3) if the goodwill is internally generated, how it will be recognized in Metal Coonb 4 What the depreciation method will be used to calculate amortization of goodwill? paint 51 Casual to the amortization expense as of December 1, 2020? (1 point) But the geody w be used for anlimited life by Metal Co., calculate the amorozation expense point!