Question 2 (Disposal of asset) Subsequent Measurement- Revaluation Model Coldfield Sdn Bhd acquired an equipment at the cost RM300,000 on January 2019. The equipment has a useful life of 6 years and no residual value. Coldfield Sdn Bhd opted for the revaluation model to value equipment. An independent valuer was the opinion that the fair value of the equipment at the end of year 2019 is RM252,000. Question 3 The fact in Question 3 are retained, except that of 30 April 2020, Coldfield Sdn Bhd disposed the equipment for RM210,000. Required: Assuming that Coldfield uses the restated net amount method, provide the journal entry to record the disposal of the equipment on 30 April 2020