City Centre plc is an international property company. The buildings it owns are recorded in the statement of financial position (balance sheet) at 746m, being historical cost of 895m less accumulated depreciation of 149m. The recent report of a professional valuer has indicated that the property is valued at 1,000m on an open-market basis for its existing use. The company wishes to value the building at open-market value. Column 1 shows the statement of financial position of City Centre plc using historical cost valuation for the buildings. (Complete the necessary drop downs. Fill in the relevant cells with their corresponding figures.) Assume the company changes from historical cost to market values when reporting the value of its buildings. Complete the 'capital and reserves' section of its statement of financial position by selecting the appropriate caption. Complete column 2 with numbers that reflect the recognition of market values for the buildings. Column 1 Column 2 Buildings valued at cost Buildings valued at market value fm fm Statement of financial position (balance sheet) Building 746 Other assets less liabilities 640 1.386 Capital and reserves Ordinary shares 557 Retained earnings 829 1,386