Temporal Com Lid completed the installation of its telecommunication network facility on 1 January 2023. The various costs incurred prior to completion are as follows: Temporal Com Ltd has a right to operate the facility for 15 years. After the 15 th year, it is required to decommission the facility and the cost of decommissioning is estimated at \\( \\$ 120,000 \\). On 30 June 2024, due to world economic downturn, an impairment test was carried out and the facility's fair value was estimated as \\( \\$ 420,000 \\) with sales taxes of \\( \\$ 8,000 \\). Temporal Com Ltd internally estimated the present value of future cash inflows to be generated from the faclity as \\( \\$ 418,000 \\). The directors are wondering, whether impairment loss can be reversed. They were hoping by 30 June 2025, a favourable reassessment of the recoverable amount occurs as the world economy would be recovered. The directors are asking you to explain the reversal process, if recoverable amount of the asset is estimated to be \\( \\$ 525,000 \\) on 30 June 2025 . 1 4 Required: (a) Calculate the cost of the telecommunication network facility. (b) Show all journal entries, in relation to the telecommunication network facility for the years ended 30 June 2023, 2024 and 2025. For 30 June 2025, your explanation must include the carrying amount of asset, depreciation expense for the year ending 30 June 2025, and journal entry for the reversal. Temporal Com Ltd uses a straight-line depreciation method for all assets. All workings must be clearly shown and justified with reference to the relevant accounting standards (State the relevant paragraphs of AASB116 and AASB 136). Round your answers to the nearest dollar