Please help asap !! This is really urgent!

Thank you so much

On 30 June 2019, Frankie Ltd decided to adopt the revaluation model for equipment. The equipment in the balance sheet as at 30 June 2019 had the following balances: Equipment (cost) $70 000 Accumulated depreciation (10 000) Depreciation expense for 30 June 2019 has been recorded. The fair value of the equipment on 30 June 2019 is $68 000. After this revaluation the equipment has 4 years remaining useful life (no residual value). At the end of 30 June 2020 depreciation has not been recorded. The fair value of the equipment on 30 June 2020 is $41 000. Additional information: Frankie Ltd has a reporting period ending on 30 June. The straight-line method is used to depreciate equipment. The company tax rate is 30%. Frankie Ltd rounds all calculations to the nearest dollar. Practice preparing the necessary journal entries to revalue the equipment