Suppose the British Subsidiary of a Eurozone Firm Had Current

Suppose the British subsidiary of a Eurozone firm had current assets of £1 million, fixed assets of £2 million and current liabilities of £1 million both at the start and at the end of the year. There are no long term liabilities. Which of the following is correct? If the British pound depreciated during that year from €1.50 to €1.30, the translation gain (loss) to be included in the parent company's equity account using IFRS is

A) 0 since the current assets and current liabilities cancel
B) +€200,000
C) -€250,000
D) -€400,000