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The fair value of the equipment at December $31,2026,$ is $$5,865,000.$ Prepare the journal entry $($if any$)$ necessary to record this increase in fair value. $($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List debit entry before credit entry.$)$

Date

Dec. $31$

Account Titles and Explanation

Devit

Credit

Credit

Unrealized Gain on Revaluation

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