Question 9 View Policies Current Attempt in Progress Sheridan Corporation purchased a limited-life intangible asset for $390000 on May 1, 2016 It has a useful life of 10 years. What total amount of amortization expense should have been recorded on the intangible asset by December 31 2018? Quersion 2 View Policies Current Attempt in Progress Ivanhoe Company's 12/31/18 balance sheet reports assets of $11500000 and liabilities of $4900000 Alor Ivanhoes Book values approximate their fair value, except for and which has book value. On 12/31/18. Epert Corporation paid $11093000 to acquire Ivanhoe What amount of goodwill should Ebert record as a result of this purchase? value that is $700000 greater than its