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Crane Inc. owns assets to which it applies the revaluation model ( asset - adjustment method ) . The following additional information is available: The

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Crane Inc. owns assets to which it applies the revaluation model (asset-adjustment method). The following additional information is
available:
The depreciation expense for 2024 was $6780.
Between December 31,2023, and December 31,2024, the property's fair value had increased by $33900.
The December 31,2024, balance in the revaluation surplus account (prior to any fair value adjustments) was $2260.
The adjusted December 31,2024, balance in the related contra-asset account will be
$11300.
$15820.
$0.
$13560.
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