A partial statement of financial position of Carla Vista Ltd, on December 31,2022, showed the following property, plant, and equipment assets accounted for under the cost model (accumulated depreciation includes depreciation for 2022): Carla Vista uses straight-line depreciation for its building (remaining useful life of 20 years, no residual value) and for its equipment (remaining useful life of 8 years, no residual value). Carla Vista applies IFRS and has decided to adopt the revaluation model for its building and equipment, effective December 31, 2022. On this date, an independent appraiser assessed the fair value of the building to be $152,000 and that of the equipment to be $104,000. Prepare the necessary general journal entries, if any, to revalue the building and the equipment as at December 31, 2022, using the asset adjustment method. (Credit occount tities are automatically indented when the amount is entered, Do not indent manuali) if no entry is required, select "No Entry" for the account titles and enter o for the amounts. List all debit entries before credit entriex) (To eliminate the accumulated depreciation) (To adjust the Equipment account to fair value) Prepare the necessary general journal entries, if any, to revalue the building and the equipment as at December 31,2022 , using the asset adjustment method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To record revaluation of the building) (To adjust the Equipment account to fair value)