Sandhill Corp. Owns equipment that originally cost $131000. At December 31,2023 , the equipment's carrying value (after 2023 depreciation was recorded) is $65000. It is determined that the fair value of the equipment at this date is $97500. Although Sandhill's policy is to apply the revaluation model using the proportionate method, this is the first time the company has done it. By how much must the accumulated depreciation account be increased (decreased) at December 31,2023 ? $66000 $33000 $99000 $(99000)