David is an entrepreneur who has a start-up company that produces cosmetics using natural ingredients. The product becomes extremely popular and attracts the attention of several private investors who are considering investing in David's company. Since its inception, David has used the cost model for valuing production equipment. However, David now believes that the revaluation model, as described in AASB 116 Property. Plant and Equipment, is more appropriate. Because the production equipment is customized, there is no active market. David hence calculates the fair value of the equipment based on a discounted cash flow model using his estimation about future cash flows. Required: In your opinion, why does David want to adopt the revaluation model as allowed in AASB 116 Property, Plant and Equipment for the valuation of production equipment