Kingbird Lid purchased a building on January 1, 2018 for $14,700,000, Kingbird accounted for this asset using the evaluation model and reload the building every two years. The building was estimate have a useful life of 30 years with no residual value, and Kingbird used straight line depreciation. On December 31, 2019, the building had a fair value of $13,600,000. On December 31, 2021, the building had a Fair value of 312,642,000 Prepare the journal entrses on the books of Kingbird Ltd. to revalue the building on December 31, 2019 and December 31, 2021 using the asset adjustment method. (Credit account eiles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required select "No Entry for the account title and enter for the amount who al aces g. 5,275. Record entre le the order presented in the problem, Date Account Titles and Explanation Dubit Credit Dec 31, 2019 Bild {Tout depreciation on bulan) To adjust building.) (To adjust toonuding