new carrying amount value of the equipment after the revaluation down toward?

On $1$ July $2014,$ Capers Ltd purchased equipment with cash for a total cost of $$220,000$ including $10\%$ GST$.$ The estimated useful life of the equipment was $10$ years, with an estimated residual value of $$15,000.$ The entity's reporting period ends on $30$ June, and it uses straight$-$line depreciation. On $1$ July $2016,$ the entity revalued the equipment upwards by $$17,000$ to reflect the fair

value. The revised useful life was $8$ years and residual value was estimated at $$10,000.$ On $1$ January $2018,$ Capers Ltd revalued the equipment downwards by $$20,000$ to reflect the fair value.