A truck costing $32,000 was destroyed when its engine caught fire. At the date of the fire, the accumulated depreciation on the truck was $16,000. An insurance cheque for $37,000 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: Select one: gain on disposal of $5,000. @ credit to the Truck account for $16,000. gain on disposal of $21,000. credit to the Accumulated Depreciation account for $16,000