Cam, Andy and Rae are partners in CAR Brokers and share losses in a $3$:$4$:$3$ ratio, respectively. The balance sheet on December $31,2023,$ when they decide to liquidate the business, is as follows:

Assets Liabilities and Capital

Cash $$1,875,000$ Accounts Payable $$1,000,000$

Noncash Assets $$937,000$ Cam, Loan $312,000$

Cam, Capital $500,000$

Andy, Capital $375,000$

Rae, Capital $625,000$

Total Assets $$2,812,000$ Total Liabilities & Equities $$2,812,000$

Note:

A revaluation was done for non$-$cash assets valuing them at $$1,002,000.$ The noncash assets were then sold for $$800,000.$

As the accountant for the partnership, how do i prepare Revaluation account?