A machine costing £720,000 and written down to £432,000 by 1 July 2010 was revalued on that date at £900,000. Twelve years of the machine’s useful life remain. What is the revaluation surplus and how much of it may be regarded as realised in the year ended 30 June 2011?

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Revaluation surplus £180,000 a b £468,000 £180,000 £468,000 c с d Realised £180,000 £39,000 £39,000 £15,000