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After several years of significant operational chailenges, the ananagement of Bruish Lid took the decision to discontinue one of its struggling divisions. The division's assets

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After several years of significant operational chailenges, the ananagement of Bruish Lid took the decision to discontinue one of its struggling divisions. The division's assets had aa cost and accumalated depreclation of 5461.3 miltion and $229.7 million respectuvely fs patt of the discontinuation. said assets were soid for $241.4 million. In addition to the sale. the entity aiso incurred redundancy costs of $79.6 milion. The now discontinued operation made a Ioss of $30.4 milion before accounting for the cost of redundancies and sale of its assets above. The associated takes have already been accounted for. hovever, the total nef effect of the discontinued operation Was incocrecty reftected in the alstribution costs associated with contiouipis operations Fot the period ended March:31,2022. the rest of the company reported revenues af 59 ge 6 million it atso teported cost of sales, administrative expenser and distribution costs of 5207,3 miling 5316.7 inilion aimi $167 b. respectively. Total finance cost for the period amounted to $53 A million, and the taoc rate stands at 237 . Required: Caiculatethenet profi or loss arisangfrom the discontimued operation - Show thejotimolentry required to correst the ingarrect reflection of the ont efftet at the dicoutitued poeration

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