1. Mainland purchased a machine for $85,000 on 1 January 20x7 and assigned it a useful life for 10 years. On 31 March 20x9 it was revalued to $93,000 with no change in useful life. Complete the table below and show your workings. a) ASSETS Property (Acc. Depreciation) NBV OWNER'S EQUITY Revaluation surplus INCOME STATEMENT Depreciation expense Comprehensive income Gain on revaluation of property Jan 1, x7 Dec 31, x7 Dec 31, x8 Mar 31, x9 Before revaluation Mar 31, x9 Dec 31, x9 After revaluation For 20x8 For 20x9 For the first 3 months of 20x9 Before revaluation After revaluation For the last 9 months of 20x9 b) Show all the journal entries related to this equipment during 20x9.