Carla Ltd. purchased a building on January 1, 2015 for $14,860,000. Carla accounted for this asset using the revaluation model, and revalued the building every two years. The building was estimated to have a useful life of 30 years with no residual value, and Carla used straight-line depreciation. On December 31, 2016, the building had a fair value of $14,059,334. On December 31, 2018, the building had a fair value of $12,779,600. Prepare the journal entries on the books of Carla Ltd. to revalue the building on December 31, 2016 and December 31, 2018 using the asset adjustment method.