urrent accounting standards indicate that the costs of intangible assets with an indefinite life, such as goodwill, should a. be reported on the statement of retained earnings in the year in which they are acquired. b. be debited to an expense account entirely in the year in which they are acquired. c. not be amortized but should be reviewed annually for impairment. d. be amortized over a reasonable period of time not exceeding 40 years