Changes in Noncurrent Asset Accounts. Crumbleu Company has these entries in its Trucks account and the related Accumulated Depreciation account:

\section*{Required:}
If a truck was sold on June 6,1998 , for \(\$ 13,000\), creating an \(\$ 8,000\) gain on the sale, what is the ending balance in the Trucks account?

Transcribed Image Text:

Trucks 1/1/98 100,000 3/4/98 12/31/98 25,000 6/6/98 ? ? 6/6/98 Accumulated Depreciation-Trucks 1/1/98 40,000 ? 12/31/98 30,000 12/31/98 60,000