Alasy has a year end 31 December 2021. On 15 December 2021 the directors publicly announced their decision to close an operating unit and make a number of employees redundant. Some of the employees will be transferred to other department within Alasy in another county. The cost of the closure is estimated to be: Redundancy costs 1,000,000 Relocation of continuing employees to the new location 200,000 Retraining of continuing employees 260,000 What is the closure provision that should be recognised? O a. 1,460,000 Ob 1,200,000 Oc 1,260,000 Od 1,000,000