Brief Exercise 10-18 (Part Level Submission) Kingbird Inc., a publichy listed company, has a building with an initial cost af $41,000. At December 31, 2017, the date af reva s assessed to ba $330,00D aluation, accumulated depreciation amauntod to $110,000. The fair value of the building, by comparing it with transactions involving similar assets Prepare the joumal entries to revalue the plant under the revaluation model using the asset adfustment method. (Credit account titles are automatically indented when the amount is entered. Do not indent manuaily, If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) not indent Date Account Titles and Explanation Credit Dac. 31, 2017 To record ad ustment to accumulated depredaton) Dac:31, 2017 To recond Duilding account to ts fair value)