1 Mentari Bhd. purchased a building as an investment property on 1 January 2018 for RM5 million. The legal cost relating to the purchase of property was RM100,000. The building is expected to have a useful life of 25 years and a residual value of RM150,000. The building is appraised on 31 December every year. The fair value of the building is determined to be RM6 million and RM7 million at 31 December 2018 and 2019, respectively. Mentari Bhd. uses the cost model to account its investment property. The company also uses the straight-line method to depreciate its non- current assets. Required: Prepare all journal entries relating to the acquisition of the property and any adjusting entries required at 31 December 2018 and 2019. fino un model to account its