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…

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 parts division. The division qualifies as a component of the entity according to SFAS No. 144. How should Claxton report the sale in its 2009 income statement?