A publicly traded enterprise purchases a truck for $150,000. The major components of the truck and their respective values and useful lives have been identified as follows: Body $100,000. 25 Years (No scrap value) Tires $20,000 5 Years (No scrap value) Engine $30,000 20 Years (Scrap value $5,000) Straight-line amortization applies to all components. At the end of Year 15, the company replace the truck's engine with a new engine costing $20,000. The old engine was sold for $2,000. Prepare the journal entries to record the disposal of the old engine and the acquisition of the new one.