An entity applies IFRS. On December 31, Year 1, it estimates the following information regarding its headquarters building: Fair value $100,000 Cost to sell $15,000 Value in use $90,000 Residual value $17,000 Net realizable value $82,000 According to the information above, what is the recoverable amount of the headquarters building on December 31, Year 1? A. $100,000 B. $85,000 C. $90,000 D. $82,000