What is the value of the revaluation gain or loss

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Question - Motor vehicle is acquired for K 90, 428.57 on 1 January 2017. It is depreciated at a rate of 30% on straight line basis. At the end of 2017, the vehicle has a fair value of K70, 000. At the end of 2018 it is valued at K45, 000. What is the value of the revaluation gain or loss at the end of 2017?

Reference no: EM132631390

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