Question 4: The company carries its building in its financial statements at its original cost of RM2,000,000 less depreciation of RM400.000 (based on its original useful life of 50 years) at the 1 January 2019. On 1 July 2019, the asset was revalued to RM2,200,000 The expected useful life has remained unchanged. It is the company's policy to charge depreciation proportionally and transfer to realized profit in respect of excess depreciation on revalued assets. 4/8 SEGi PROGRAMME : BACHELOR OF ACCOUNTING (HONS) /BACHELOR OF ACCOUNTING & FINANCE (HONS) BACHELOR OF BUSINESS MANAGEMENT (HONS) University Determine the amount of revaluation surplus/deficit and critically evaluate the issues in fair value measurement