On August $31,$ Beta Corp. decided to sell its retail division. Upon review of the relevant facts, Beta decided to account for this division as a discontinued operation. Beta reports its financial results in accordance with IFRS.

Information related to Beta's retail division assets:

August $31$

Carrying amount $$15,000,000$

Fair value $15,500,000$

Estimated costs to sell $600,000$

At what value should Beta report the assets of the discontinued operation on its August $31$ SFP$?$

Question $15$ options:

a$)$

$$15,000,000$

b$)$

$$16,100,000$

c$)$

$$15,500,000$

d$)$

$$14,900,000$