Please check the full question in picture. Please explain how to calculate this to get an answer like the key above for number 146, 147, 149, 150 and 151PLANT ASSETS, NATURAL RESOURCES, AND INTANGIBLE ASSETS146. A truck costing $110,000 was destroyed when its engine caught fire. At the date of the fire, the accumulated depreciation on the truck was $50,000. An insurance check for $125,000 was received based on the replacement cost of the truck. The entry to record the insurance proceeds and the disposition of the truck will include a147. On July 1, 2008, Meed Kennels sells equipment for $66,000. The equipment originally cost $180,000, had an estimated 5-year life and an expected salvage value of $30,000. The accumulated depreciation account had a balance of $105,000 on January 1, 2008, using the straight-line method. The gain or loss on disposal is149. On July 1, 2008, Meed Kennels sells equipment for $66,000. The equipment originally cost $180,000, had an estimated 5-year life and an expected salvage value of $30,000. The accumulated depreciation account had a balance of $105,000 on January 1, 2008, using the straight-line method. The gain or loss on disposal is150. A truck that cost $21,000 and on which $10,000 of accumulated depreciation has been recorded was disposed of for $9,000 cash. The entry to record this event would include a151. A truck that cost $36,000 and on which $30,000 of accumulated depreciation has been recorded was disposed of for $9,000 cash. The entry to record this event would include a

A truck costing $110,000 was destroyed when its engine caught re. At the date of the re. the accumulated depreciation on the truck was $50,000. An insurance check for $125,000 was received based on the replacement cost of the tank. The entry to record the Insurance proceeds and the disposition of the truck will include a a. Gain on Disposal of 515.000. 0. credit to the Truck account of $00,000. c. credit to the Accumulated Depreciation account for 550,000. X Gain on Disposal of $05,000. On July 1, 2003, lv'leed Kennels sells equipment for $60,000. The equipment originally cost $130000. had an estimated 5-year life and an expected salvage value of 530.000. The accumulated depreciation account had a balance of $105,000 on January 1. 2003, using the straight-line method. The gain or loss on disposal is a. $0,000 gain. b. $0.0001oss. c. $0.000 toss. Jr: $5.ch gain. 140. Watts It'.'iompany*s delivery truck. which originally cost $10,000. was destroyed by re. At 010 0010 01' the re. "'10 0013000 01 0'10 Accumulated D00r001t1000 0000001: 001000100 10 54?,500. The company received $40,000 reimbursement from its insurance company. The gain or loss as a result of the re was a. $30,000 loss. b. $1 T.500 loss. c. $30,000 gain. 0K $1 T500 gain. 150. A truck that cost $21,000 and on which $10,000 of accumulated depreciation has been recorded was disposed of for $0.000 cash. The entry to reoord this event would include a a. gain of $2,000. A): loss at $2,000. c. credit to the Truck account for $11,000. 0. credit to Accumulated Depreciation for $10,000. 151. A truck that cost $36,000 and on which $30,000 of accumulated depreciation has been recorded was disposed of for $0,000 cash. The entry to record this event would include a )5: gain of $3,000. 0. loss at $3.000. c. credit to the Truck account for $0.000. 0. credit to Accumulated Depreciation for $30,000