Suppose a Severe Storm Floods a Company's Headquarters,causing Damages to the Building

Suppose a severe storm floods a company's headquarters,causing damages to the building of $300,000 and destruction of inventory of $200,000.Because of the unusual nature of this event,the company had no flood insurance to cover these losses.Under IFRS,how much would the company report as an extraordinary loss in the current year's income statement?

A) $0.
B) $200,000.
C) $300,000.
D) $500,000.