If the entity uses the fair value model for investment property, which statement is true? a. The entity should value the property at cost less accumulated depreciation and impairment. b. The entity...

If the entity uses the fair value model for investment property, which statement is true?

a. The entity should value the property at cost less accumulated depreciation and impairment.

b. The entity does not record depreciation on the investment property.

c. The entity depreciates the equipment using normal depreciation method

d. The entity should report the increase in fair value in other comprehensive income for the period.