IAS 16 Property, Plant and Equipment

**Section A** AgriYield operates a large-scale commercial farm. On 1 January 20X4, AgriYield purchased a specialized harvester for $120,000, with an estimated useful life of 10 years and nil residual value. The company uses the revaluation model for this class of asset. On 31 December 20X5, the harvester was revalued to $104,000. What is the amount to be recognized in Other Comprehensive Income (OCI) as a revaluation surplus on 31 December 20X5?