Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to account for goodwill [title] Recognize the difference between tangible and intangible assets. [step] 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.

Ending1: 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. [substeps] Tangible assets are useful in small ways, like producing goods to build on or lighting or shipping. Ending2: This means that it isn't an intangible asset. Intangible assets include, but are not limited to, supplies, et cetera. Ending3: These would traditionally include things like brand names, copyrights, patents, or trademarks. [substeps] From an accounting perspective, both tangible and intangible assets are recorded on the balance sheet, since both types of assets have value. Ending4: 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.

Answer format: ending1/ending2/ending3/ending4