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2 years ago an asset was bought for $8,000,000. Depreciated 10% on cost per year. It is now revalued at 10,000,000 with no change in

2 years ago an asset was bought for $8,000,000. Depreciated 10% on cost per year. It is now revalued at 10,000,000 with no change in useful life. Calculate the asset vale and revaluation surplus.

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