kly Question 8 --/3 View Policies Current Attempt in Progress Sunland Corporation would like to purchase a new truck, but the dealer will not accept Sunland's old truck as a trade in on purchase. Sunland looked up the value of its old truck on Auto Trader and found that it had a fair value of $15,000. After recording depreciation on the old truck to the date of sale, Sunland sold its used truck for $15,050 cash. The carrying amount of the old truck is $20,100 and it was originally purchased for $36,910 ort Prepare the appropriate journal entry for the disposal of the truck. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Attempts: 0 of 1 used Submit Answer Save for Later