The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its strategic focus, the company sold the automobile part The division qualities as a component of the entity according to GAAP. How should Claxton report the sale in its 2016 income statement? Report the income or loss from operations of the division in discontinued operations. Report it as restricting costs. Report it as a gain on sale of investments included in income from continuing operations. Reports it as part of income from continuing operations