Celeste Company records all its assets under ASPB using the cost model for deprecation. At the end of the current accounting period the company was considering switching to the IFRS reporting model and using the proportionate method for revaluing assets. They want to know what the impact will be if they switch to a revaluation model for assets. A partial section from the Statement of Financial Position shows the following assets: ACCOUNT BALANCE Land $210,000 Building $385,000 Accumulated Depreciation - Building $185,000 Equipment $235,000 Accumulated Depreciation - Equipment $135,000 Goodwill $285,000 A recent appraisal showed the following values Land $235,000 Building $230,000 Equipment $85,000 Goodwill $295,000 Prepare the necessary general journal entries, to revalue the above using the proportionate method. If you choose no journal entry for any accounts, explain why