4. The Reid Beverages Corporation acquired a new truck that had a list price of $50 000 on January 1, 2015. They traded in their old truck. The old truck had a historical cost of $35 000, with accumulated amortization of $25 000. The company paid the list price minus the trade-in amount of $3 000. The fair market value of the old machine was $2 000. Record the journal entry for this transaction