LUMOS Auro Projector facilities Starting year 2021, Innforest Bhd has initiated a wayang pacak for all the visitors to replace the performance of wayang kulit. This is to light up and make the night merrier. The facilities for wayang pacak used 100% Lumos Ray Home cinema purchased from a dealer based in Singapore. The whole package was SGD 6,000. At the date of acquisition, 1 January 2021, the spot rate was RM3 : SGD1. As at 31 December 2021, the rate was RM4 : SGD1. Only a quarter of payment for the equipment has not yet been made. The LUMOS Auro Projector provides an immersive movie theatre experience with a large screen, Dolby surround sound system with affordable, super clear and easy to use that can satisfy the visitors.

Discuss the accounting treatment of the LUMOS Auro Projector facilities. (Journal entries is required).