ABC Limited is an Australian mining company that has a license to mine copper in Tasmania. Recently, copper prices have increased substantially. The company's CFO proposes that the management revalue the asset to ensure the non-current asset(mining license) reflects the fair value in line with AASB116. Identify the appropriate journal entry to record the revolution increments as per AASB116, considering that the company is revaluing its license for the first time since it acquired it