hi are you able to help with this question. This is just one question but had to post 2 photos because couldnt fit

QUESTION 3 property, plant, Equipment Total: 15 Marks The accountants of Roxy Ltd had been using the cost model to measure the building that was used to house its 20 employees. After consultation with the local real estate agent the accountant realised that buildings in that area had been increasing in value. As a result, and after consultation with management, on 1 July 2016 the accountant changed the 000 0 measurement for the building to the revaluation model and obtained a fair value on that date of $932,000. Bazelor din be The day before this change, 30 June 2016, Roxy Ltd had prepared its end of financial year reports, showing the following for the building: myoge 101 nes es lo 8 is an Building (at cost) $950,000 Accumulated depreciation-building Inams (90,000) priho susovo bound to su Question 3 continued over the page bauntos S ROSU Question 3 continued Additional information: olish SHODA The building had been purchased on 1 July 2014 with a useful life of 20 years, and a residual value of $50,000. 232001uq xonamglupe 20 noilsioolgeb 20 ai isi xstant Roxy Ltd reporting period ends 30 June. The tax rate is 30% boniupon 15 tot mol 101st and olsuolo Required: a) Prepare any necessary journal entries to the revaluation of the building on 1 Xst bosted so wilde olan bn (6 marks) July 2016. Show all working out. b) On 30 June 2017, Roxy Ltd obtained a fair value for the building of $870,000. Prepare any necessary journal entries to record the revaluation of the building on 30 June 2017. Show all working out. (9 marks) sq sont no show ibanolabor to record