9 An entity holds an asset which could be sold in one of two markets. Information about these markets and the costs that would be incurred if a sale were to be made is as follows: Market A Market B $ $ Sale price 260 250 Transport cost (20) (20) 240 230 Transaction cost (30) (10) Net amount received 210 220 (a) a What fair value would be used to measure the asset if Market A were the principal market? (b) What fair value would be used to measure the asset if no principal market could be identified