The following is the information regarding TerapiJiwa Co. property. RM 000 1%,0110 800 Revaluation surplus at 1 January 2017 TerapiJiwa property had previously been revalued upwards, leading to the balance on the revaluation surplus at 1 January 2017. The property had a remaining life of 25 years at 1 January 2017. At 31 December 2017, the property was valued at RM16m No entries have yet been made to account for the current year's depreciation charge or the property valuation at 31 December 2017. TerapiJiwa does not make an annual transfer from the revaluation surplus in respect of excess depreciation. At year end, 31 December 2017, TerapiJiwa need to vacate their office to move into their newly renovated office in Bangsar, Kuala Lumpur. (Bangsar property is not listed here). The existing property will be leased to ControlMacho company starting 1 January 2018 for at least 10 years, with an annual rent of RM120,000. ControlMacho will occupy all the four levels of office space currently TerapiJiwa has. Required: Identify the relevant accounting treatment for Terapiliwa's property as at 31 December 2017 and 31 December 2018