Problem: StefoJo, PLC, is acquiring a controlling interest in Dykes Limited. Dykes has internally developed intangibles that have previously been expensed. Which of the following comments is most accurate? A) StefoJo should capitalize any identifiable internally generated intangibles. Correct Answer B) Goodwill generated resulting from Dykes' reputation and customer loyalty should be capitalized. Incorrect Answer C) Capitalizing intangible assets Dykes had previously expensed will increase the goodwill recorded at the acquisition date.