Sheridan Airlines purchased a Cessna as part of its fleet 3 years ago. The Cessna originally cost $1009500 and requires an engine replacement at an estimated cost of $179000. Sheridans uses IFRS. Assume that the engine was originally depreciated as a subcomponent of the plane, had a value of $118500 assigned to it and was depreciated on a straight-line basis over 5 years with no estimated salvage value. What is the gain or loss assigned to the disposal of the engine? $0 $47400 loss $107900 loss $71100 ioss