The net assets of the XYZ division of ABC Company have a carrying amount of $2,000,000, a fair value of $2,200,000, and value in use of $1,900,000. It would cost ABC $100,000 to dispose of the XYZ division. What impairment loss, if any, would ABC have to record in respect of XYZ under each of IFRS and ASPE? Select answer from the options below 

IFRS and ASPE - both zero. 

IFRS and ASPE - both $200,000. 

IFRS - $100,000; ASPE - $200,000. 

IFRS - $200,000; ASPE - $100,000