please explain in details. Thank you!

HK$2,704 Property, plant, and equipment (net) Goodwill Accounts receivable 208 208 Cash 60 Less. Notes payable (2,808) Net assets HK$372 The purpose of the Larkspur Division (cash-generating unit) is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write down at this time is appropriate Management estimated its future net cash flows from the project to be HK$416 million Management has also received an offer to purchase the division for HK$352 million (fair value less costs to sell). All identifiable assets and liabilities' book and fair value amounts are the same At December 31, 2023, it is estimated that the division's recoverable amount increased to HK$3,180 million. Prepare the journal entry to record this increase in fair value. (if no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit