What is the most logical next event?

How to account for goodwill
Recognize the difference between tangible and intangible assets.
Goodwill is considered an intangible asset. Unlike tangible assets, which are physical assets such as property, machinery, or vehicles, an intangible asset is an asset that cannot be touched.

Choices:
(1). It cannot be bought or sold and it is not valued unless it is too small in value to lose out on a real tax return or to satisfy city taxes. Tangible assets are useful in small ways, like producing goods to build on or lighting or shipping.;
(2). This means that it isn't an intangible asset. Intangible assets include, but are not limited to, supplies, et cetera.;
(3). These would traditionally include things like brand names, copyrights, patents, or trademarks. From an accounting perspective, both tangible and intangible assets are recorded on the balance sheet, since both types of assets have value.;
(4). This means that an intangible asset cannot be affected by any form of negative impact; something can only be added. Goodwill can be beneficial to someone wishing to exchange money for it, as it cannot simply be lent.;
(3).