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Wang Ltd purchased an item of plant for 24,000 on 1 January 20X3. The plant was being depreciated on a straight-line basis over its useful

Wang Ltd purchased an item of plant for 24,000 on 1 January 20X3. The plant was being depreciated on a straight-line basis over its useful economic life, which was estimated at six years. On 1 January 20X5, the entity decided to revalue its plant which had a replacement cost 42,000. What is the carrying value of the plant after the revaluation?

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