Question $8$

Use the following adjusted trial balance dated $\frac{12}{31}\frac{?}{23}$ and related information to answer the questions that follow.

Not included in the above adjusted trial balance, the company decided to discontinue a division of its operations. The division was unsold as of $\frac{12}{31}\frac{?}{23}$ and had the following information at that date.

$\backslash$table$[[$Book value of assets,$$3,400,$Fair value of assets,$],[$Book value of liabilities,$$1,800,$Fair value of liabilities,, $000],[\backslash$table$[[$Revenues recognized from the$],[$discontinued operation $(2023)$