A. Dubai Company Inc. has elected to measure property, plant, and equipment at revalued amounts. Costs and fair values for Dubai Company's three classes of property, plant, and equipment at December 31. Year 1 and Year 2, are as follows: Cost. Fair value at 12/31/Y1 Fair value at 12/31/Y2 Land Buildings $800,000 $500,000 840,000 430,000 850,000 465,000 Equipment $200,000 210,000 185,000 Prepare journal entries at December 31, Year 1 and Year 2 to adjust the carrying amount of the three classes of property, plant, and equipment to fair value. (6 marks) Finish