1 Josh Ltd uses revaluation model for subsequent measurement of its land. On 30 June 2021, the company find that the fair value of a piece of land has decreased to $100 000, while the carrying amount is $120 000. The land was acquired in January 2020 at $80 000 and revalued up to $140 000 on 30 June 2020. In the Josh Led's statement of profit or loss and other comprehensive income for the fiscal year ended 30 June 2021, the revaluation will result in tof O a $20 000 revaluation loss in other comprehensive income. O b. $60 000 revaluation gain in other comprehensive income and $20 000 revaluation loss in profit or loss. Oc $20 000 revaluation loss in profit or loss. O d. $20 000 revaluation loss in other comprehensive income and $60 000 revaluation gain in profit or loss O e none of the other options Next page 12:10 2021/8/20