*BE11.11 (LO 5, 7) Obihiro Group has equipment with an original cost of 500,000,000 and related accumulated depreciation of 100,000,000 on December 31, 2022. The fair value of the equipment at December 31, 2022, is 650,000,000. The equipment has a useful life of 4 years remaining after December 31, 2022, with no residual value. Obihiro uses the straight-line method of depreciation. Prepare the entry to (a) record the revaluation of the equipment on December 31, 2022, and (b) record depreciation on the equipment at December 31, 2023.