QUESTION 3 PTE REVALUATION LO MARKS In the 30 June 2020 nmaal report of Sydney Lid reported the following: 500 000 Plant (at out) Accumulated Depreciation (150.000) 350 000 Plants are measured using the cost model and depreciated on a straight-line basis over. 10- year period. On 30 June 2020, Plent was sosed to have a fair value of $360 000 with an expected useful life of 6 years. On 30 June 2021, Plant was assessed to have a fair value of S 250 000 03 Prepared Prepare the journal entres during the period 30 June 2020 to 30 June 201 in relation to the plant (Menore the effect.) HEBA X 12. Es 66