If an Asset Is Carried at Fair Value but Is

If an asset is carried at fair value but is now being reclassified as an asset for disposal

A) The asset should remain at fair value, however, the selling costs must be deducted from the fair value of the asset and result in an immediate charge against current period profits.
B) The asset should remain at fair value, however, the selling costs should be recognized separately into deferred accounts.
C) The asset should remain at fair value.
D) The asset should remain at fair value, however, the firm must disclose expected selling costs in the notes to the financial statements.