Asset Sale and Goodwill

[David]

 H&W owned heating and plumbing C Corporation had an asset sale in 2015. The sale agreement also included a non-compete and owner assist to provide consulting and services for 20 hours up to 6 months.

I want to confirm that the goodwill is considered gain to the corporation and not to the individuals. 

The C Corp has a huge NOL carryforward, not that this matters. My understanding is that the goodwill will be considered part of the gain to the C Corp and netted against the NOL. 

Is this the correct way to handle this?

Thanks.

[Abby Normal]

Sounds correct to me.