An analyst gathers the following information about a company's non-depreciable asset reported under the revaluation model:
- Original cost: €25,000
- Reported value after initial revaluation: €27,500
- Reported value after second revaluation: €22,500
The revaluation surplus after the second revaluation is: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
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An analyst gathers the following information about a company's non-depreciable asset reported under the revaluation model:
Original cost: €25,000
Reported value after initial revaluation: €27,500
Reported value after second revaluation: €22,500
The revaluation surplus after the second revaluation is: