ABC Ltd has the following land and buildings in its financial statementsasat30 June 2022: Residential land, at cost Factory land, at valuation 2020 Buildings, at valuation 2020 Accu mu lated depreciation 2 000000 1800000 1600000 (200000) At30 June 2022, the balance of the revaluation surplus is $800 000, of which $600 000 relates to the factory land and $200 000 to the buildings. On this same date, independentvaluationsofthe land and buildings are obtained. In relation to the above assets, the assessed fair values at 30 June 2022 are: Residential land, previously recorded at cost Factory land, previously revalued in 2020 Buildings, previously revalued in 2020 Required: 2 200000 1400000 1800000 Provide the joumal entries to account for the revaluation on 30 June 2022. ABC Ltd classifies the residential land and the factory land as different classes of assets.