A truck costing 5116000 was destroyed when its engine caught fire. At the date of the the accumulated depreciation on the truck was $54000. An insurance check for $131000 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 credit to the accumulated Depreciation account for 554000 Gain on Disposal of $15000 Gain on Disposal of $69000 credit to the Truck account of 562000