2 of 15 < > -/1 Current Attempt in Progress A company decides to use the option in IFRS to revalue the building it owns and operates out of by using the revaluation method. The application of the method results in an increase or debit to the net amount of the building currently recorded in the general ledger. The effect of the credit side of the revaluation would be presented as other gains included in net income for the period. other losses included in net income for the period. other comprehensive income below the net income line. Oother comprehensive income above the net income line