Bellamy Pty Ltd Enters into a Sale-And-Leaseback Arrangement as Follows

Bellamy Pty Ltd enters into a sale-and-leaseback arrangement as follows:
$$\begin{array} { l l } \text { Carrying amount of asset } & \$ 50000 \\\text { Fair value of asset } & \$ 40000 \\\text { Proceeds from sale of asset } & \$ 44000\end{array}$$
The resulting lease is classified as an operating lease.According to AASB 117,Bellamy should make the following entry(ies) :

A) $\begin{array} { l r } \text { A) Dr Cash at Bank } & \$ 44000 \\\text { Dr Deferred Loss on Sale } & \$ 6000 \\\text { Cr Asset } &\$50000\end{array}$
B) $\begin{array} { l r } \text { B) Dr Cash at Bank } & \$ 44000 \\\text { Dr Loss on Sale } & \$ 6000\\\text {Cr asset}&\$50000\\\end{array}$
C) $\begin{array} { l r r } \text { C) Dr Loss on Revaluation } & \$ 6000 & \\\quad \text { Cr Asset } & & \$ 6000 \\\text { Dr Cash at Bank } & \$ 44000 & \\\quad \text { Cr Asset } & & \$ 44000\end{array}$
D) $\begin{array}{l}\text { D) Dr Loss on Revaluation } \$ 10000\\\begin{array} { l r } \text { Cr Asset } & \$ 10000 \\\text { Dr Cash at Bank } & \$ 44000 \\\text { Cr Deferred gain on Sale } & \$ 4000 \\\text { Cr Asset } & \$ 40000\end{array}\end{array}$