A truck costing $154,000 was destroyed when its engine caught fire. On the date of the fire, the accumulated depreciation on the truck was $70,000. An insurance check for $170,000 was received based on the replacement cost of the truck The entry to record the insurance proceeds and the disposition of the truck will include a A. Loss on Disposal of $21,000. B. Credit gain on disposal of $86,000 C.Credit to the Accumulated Depreciation account for $20,000 D. Gain on Disposal of $91,000 Select one bb co de Next page