On January 1, 2013, Stacy Company Purchased the College Book

On January 1, 2013, Stacy Company purchased the College Book Store for $350,000. At the date of purchase, it was determined the recorded assets had a total market value of $325,000, comprised of inventory (books) , $275,000; fixtures, $30,000; and other assets
$20,000. It is estimated that the goodwill (if any) has an economic useful life of 20 years. What is the amount of amortization expense for goodwill for 2013?

A) $17,500
B) $16,250
C) $1,250
D) $0