The answer is D can you explain why please?

on 1 January 20X6, following a property slump, it was sold for $450,000, What amount (if any) should be charged against profit or loss as loss on disposal? A $150,000 B $110,000 C $50,000 D $Nil (2 marks) (Total = 44 marks) 8.22 Company J's head office building had a carrying amount of $400,000 at 1 January 20X4 and 30 years useful life remaining. It was revalued on that date to $600,000 with no change to the useful life