4. (15 points) On April 1, 2017, a company disposed of a truck that had cost $20,000. On January 1, 2015, when purchased, the truck had a salvage value of $2,000, and a useful life of 5 years. The asset was discarded after an accident, and $11,000 cash was received from an insurance claim. a. Prepare the journal entry to record the depreciation expense up to April 1, 2017. b. What is the gain or loss on the disposal? c. Prepare the journal entry to record the disposal of the truck