Which of the following is a true statement? O Public companies must not amortize goodwill but private companies can elect an accounting alternative that allows for the amortization of goodwill over a ten year period. Private companies must not amortize goodwill, but public companies can elect an accounting alternative that allows for the amortization of goodwill over a ten year period. O Both private and public companies must amortize goodwill over a ten year period. Both private and public companies must not amortize goodwill