At the acquisition date,when the cost of the shares acquired exceeds the underlying book value,the investor is required to amortize any excess that is attributable to separately identifiable assets have an indefinite life.Which of the following is a separately identifiable asset that might not be recognized on the investee's balance sheet?

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A patent is a separately identifiable asset that might not be recognized on the investee's balance sheet. Land is normally recognized on the investee's balance sheet, and inventory and goodwill are not separately identifiable assets with an indefinite life.

At the Acquisition Date,when the Cost of the Shares Acquired