Question: Clockers , Inc. committed to sell a division on March 22, 2022. It sold the division on June 14, 2024 . Income from operating this

Clockers , Inc. committed to sell a division on March 22, 2022. It sold the division on June 14, 2024 . Income from operating this division was $3,240,000, $1,005,000 , and $332,000 in 2022, 2023 and 2024, respectively. On December 31, , the carrying value of the division was $10,000,000 and the fair value was $9,500,000. On December 31, 2022 , the fair value of the division was $10,100,000 and the carrying value of the division was $10,000,000. The division

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