Step $1$: prepare the following journal entries

transaction $1$: Septmeber $1320$X$1$ Record the entry to write down capital asset to fair value, Income tax and record impairment loss.

transaction $2$: Septmeber $1320$X$1$ Record the entry to reclassify assets and liabilities as held for sale.

transaction $3$: December $3120$X$1$ Record the partial recovery in fair value less costs to sell for asset group, partially off setting the operating loss of $$630.$

Transaction $4$: Febuaray $2520$X$2$ Record the acceptance of an enhanced brazilian offer to buy the division.

Transaction $5$: March $520$X$2$ Record the entry for the approval given by the shareholders for the sale.

Transaction $6$: Record the entry for the final sale.