On January $1,2022,$ Halstead, Incorporated, purchased $68,000$ shares of Sedgwick Company common stock for

$$1,397,000,$ giving Halstead $25$ percent ownership and the ability to apply significant influence over Sedgwick. Any

excess of cost over book value acquired was attributed solely to goodwill.

Sedgwick reports net income and dividends as follows. These amounts are assumed to have occurred evenly

throughout these years. Dividends are declared and paid in the same period.

On July $1,2024,$ Halstead sells $10,880$ shares of this investment for $$30$ per share, thus reducing its interest from $25$

to $21$ percent, but maintaining its significant influence.

Required:

Determine the amounts that would appear on Halstead's $2024$ income statement relating to its ownership and

partial sale of its investment in Sedgwick's common stock.