9. Golden Properties Corporation purchased a parcel of land in March 2019 for $3.10 million with the intent to construct a building on the property in the near future. At the time of purchase, Golden applied the cost model and measured and reported the land at its acquisition cost as allowed in IAS 16. Golden follows IFRS. Management decided in 2020 that the land qualifies as an investment property under IAS 40 and that Golden is to apply the fair value model of accounting for investment properties effective immediately because management believes that changing the measurement model will provide more relevant information. Independent appraisals indicate that the lands fair value at December 31, 2019 and 2020, was $3,080,000 and $3,168,000, respectively. Before application of the fair value model of accounting for investment properties, Goldens reported net income for the years ended December 31, 2018, 2019, and 2020, was $73,000, $41,000, and $12,000, respectively; and Goldens reported retained earnings at December 31, 2018, 2019, and 2020, was $189,000, $254,000, and $266,000, respectively. Golden has 100,000 common shares outstanding. Answer the following, ignoring income tax considerations. Prepare the original comparative SFP as at December 31, 2019, and the original comparative income statement for the year ended December 31, 2019, for the affected accounts.