answer only second question please fast

How can the government accelerate the economic performance of its leading businesses or industries? Christos Ltd. has a machinery with a carrying amount of $300,000 (accumulated depreciation being $50,000). The asset had cost $150,000. The machinery was revalued upwards from $130,000, with the following accounting entries were passed: Dr Accumulated Depreciation 20,000 Dr Machinery 200,000 Cr Deferred Tax Liability 66,000 Cr Asset Revaluation Reserve 154,000 Show the appropriate accounting entries, if the machinery is now assessed as having a fair value of $ 70,000. The tax rate is 30%