Spooner Ltd is in the dairy business. An extract of Spooner Ltds Balance Sheet as at 30 June 2X20 discloses the following: Machinery (at cost) $750,000 Less Accumulated Depreciation ($150,000) Net Carrying Amount $600,000 Spooner Ltd adopts the cost model in relation to machinery and depreciates machinery at 10% per annum using the straight-line method. The management of Stoner Ltd decided to change the basis of measurement of machinery to the revaluation model from the financial year ended 30 June 2X21. On 30 June 2X21, the company assessed the fair value of the machinery to be $600,000. However, the useful life of the machinery did not change after revaluation. On 30 June 2X22, the machinery was revalued to $425,000 with an expected useful life of 3 years after this date. The corporate tax rate is 30%. Which of the following is the correct journal entry to record the evaluation as of 30 June 2X22