A company acquired on 1/1/N-5 a depreciable fixed asset B (on a straight-line basis over 20 years) for a value of 1000K€. At the end of N-1, it carries out the revaluation according to the fair value of the fixed asset B of 1500K€

1. 1) Recognize the revaluation difference at 31/12/N-1
    2) What will be the value of the annual depreciation to be recorded for N for fixed asset B. At 31/12/N, the fair value of Asset B is €700K.
2.  3) Post the accounting entries to 31/12/N
3. 4) What will be the value of the annual depreciation to be recorded from N+1 for fixed asset B.