Play Coth Combany, a retaler of chilitien's dothing oecided to dispose of its European division. The company announced the plan to - The European divsion had a carrying value of 551,800,000 and was lsted fos salk at a price of $49060.000. The sule price was detemined in reference to an independent far value aporacal - Play Cloth had total earnings from continuang operations (after tax) of 5130,400,000 for the year ended 30 June 201. - Play Clathinas a tax cate of 25% Required: Yhes 2. Calcuiate the fotal gain (oss) on sole for the European divesion. 3. Prepare a partal sci for the yeor ended 30 wune 20xt using the information provided. 3. Prepare a partial SCl for the year ended 30 June 201 using the information provided. Play Coth Combany, a retaler of chilitien's dothing oecided to dispose of its European division. The company announced the plan to - The European divsion had a carrying value of 551,800,000 and was lsted fos salk at a price of $49060.000. The sule price was detemined in reference to an independent far value aporacal - Play Cloth had total earnings from continuang operations (after tax) of 5130,400,000 for the year ended 30 June 201. - Play Clathinas a tax cate of 25% Required: Yhes 2. Calcuiate the fotal gain (oss) on sole for the European divesion. 3. Prepare a partal sci for the yeor ended 30 wune 20xt using the information provided. 3. Prepare a partial SCl for the year ended 30 June 201 using the information provided