On January $1,2022,$ Halstead, Incorporated, purchased $79,000$ shares of

Sedgwick Company common stock for $$1,421,000,$ 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 $12,640$ shares of this investment for $$24$ 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.

Answer is complete but not entirely correct.