DE 10-12 Return to the Home Depot delivery-truck depreciation example in Exhibits 10-6 and 10-8. Suppose The Home Depot sold the truck on December 31, 20X2, for $23,000 cash. after using the truck for two full years. Depreciation for 20X2 has already been recorded. 1. Make a separate journal entry to record The Home Depot's sale of the truck under

a. Straight-line depreciation (Exhibit 10-6)

b. Double-declining-balance depreciation (Exhibit 10-8) 2. Why is there such a big difference between the gain or loss on disposal under the two depreciation methods?