On 30 April 2020, a company classified a freehold building as held for sale. The building had a carrying amount on that date of £5m. The building has been valued by an estate agent at £6m and selling costs are expected to absorb 5% of this amount. In the company's statement of financial position at 30 April 2020, the building should be shown at: £5m £6m £5.7m £4,75m