Question: The case study states that an amount for goodwill was included in the sales contract. How is this amount reported on the tax return? As

The case study states that an amount for goodwill was included in the sales contract. How is this amount reported on the tax return?
As income in Part I of Schedule C.
As a deductible expense in Part II of Schedule C.
As a long-term capital gain on Form 8949 and Schedule D.
As a gain from the sale or exchange of property in Parts I and III of Form 4797.

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