Babo Corp. purchased 13,000 shares in Xoni Inc. on June 1, Year 1 for $60,000. This is a passive investment that is holding for trading purposes. Babo report this investment at FVPL. Babo has a December year end and follows IFRS. During Year 3, Babo disposed of these shares for cash of $77,000 when the carrying value of the investment was $83,000. Which adjustments should Babo make in recording this disposition in Year 3? A CR Cash $77,000 B CR Gain on sale of shares (profit or loss) $17,000 C DR Loss on sale of shares (profit or loss) $6,000 D DR Loss on sale of shares (OCI) $6,000