Istanbul Company acquired a land at a cost of 28,000 EUR some years ago. The company has adopted the revaluation model of IAS 16. The land was revalued to 40,000 EUR three years ago. As of the reporting date a new valuation report indicated that the fair market value of the land has fallen to 25,000 EUR. Which of the following is the journal entry to account for the decrease in the current year? 15000 Select one: O a. Revaluation surplus 12000 Profit/Loss 3000 Asset Ob. Revaluation surplus 5000 Profit/Loss 5000 Asset OC Profit/Loss 15000 Asset 10000 15000 O d. Revaluation surplus 15000 Asset 15000