Please aso include Revaluation Loss and Revaluation Surplus (OCI) in the journal entries as well.

On 1 July 2017, Cambridge Ltd paid $250,000 cash to acquire a machine. On this date it was estimated that the machine had a useful life of ten years and a residual value of $30,000. In accordance with AASB 116 Property, Plant and Equipment, Cambridge Ltd uses the revaluation model as its accounting policy to measure items of property, plant and equipment and the straight-line method of depreciation. Cambridge Ltd has a 30 June reporting date. An independent valuer provided the following fair values for the machine: Reporting date 30 June 2018 30 June 2019 30 June 2020 Fair value $255,000 210,000 173,500 On 31 December 2020, the machine was sold for $160,000 cash. Required Prepare the journal entries to account for the events and transactions in relation to the machine between 1 July 2017 and 31 December 2020