ALL THE ACCOUNTS I LISTED IN THE PHOTO ARE CORRECT . JUST FIND THE ANSWER THAT CORRESPONDS WITH IT.

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the income tax rate is 20%

Chec Salamander Inc. is a food processing company that operates divisions in three major lines of food products: cereals, frozen fish, and candy. On 13 September 20x1, the Board of Directors voted to put the candy division up for sale. The candy division's operating results had been declining for the past several years due to intense competition from large international players such as Nestle and Cadbury The Board hired the consulting firm Atelier LLP to conduct a search for potential buyers. The consulting fee was to be 5% of the value of any sale transaction. By 31 December 20X1, Atelier had found a highly interested buyer for the candy division, and serious negotiations were underway. The buyer was a food conglomerate based in Brazil; it offered $5.0 million cash. On 25 February 20x2, after further negotiations, the Salamander's board accepted an enhanced Brazilian offer to buy the division for $5.2 million. The Salamander shareholders approved the sale on 5 March 20x2. The transfer of ownership took place on 31 March 20x2. Salamander's income tax rate is 20%. Other information is as follows (before tax, in thousands of dollars): 13 September 20X1 31 December 20x1 Book Value Fair Value Fair Value Candy division's net assets: Current assets $ 940 $ 880 $ 820 Property, plant, and equipment (net) 4.900 3.400 3,600 Current liabilities (1150) (1150) $4,690 $ 3,130 $3,270 (1150) Net earnings (loss) of the candy division: 13 September to 31 December 20X1 1 January to 31 March 20X2 500 (610) Required: 1. Prepare whatever journal entries are appropriate at 13 September 20X1, 31 December 20X1, 25 February 20X2,5 March 20x2, and 31 March 20X2. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands, not millions or in whole Canadian dollar.) View transaction lit View journal entry worksheet 2. Assume that the after-tax earnings from continuing operations amounted to $6 million in 20X1. Prepare the lower section of the earnings section of the 20X1 SCI (Enter your answers in thousands, not millions or in whole Canadian dollar.). SALAMANDER INC. Statement of Comprehensive Income (partial) Year ended 31 December 20X1 (in thousands of Canadian dollars) Net income from continuing operations, before tax $6,000 Gain (Loss) from discontinued operations: Impairment of net assets Operating profit Earnings (los) from discontinued operations Net Income