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A truck costing $30,000 and on which $26,000 of accumulated depreclation IIs been re-corded was discarded as having no value. The entry to record this

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A truck costing $30,000 and on which $26,000 of accumulated depreclation IIs been re-corded was discarded as having no value. The entry to record this event would include a 1) loss of $4,000. 2) gain of $4,000. 3) credit to Accumulated Depreciation for $26,000. 4) credit to Accumulated Depreciation for $30,000

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