A truck costing $62,000 has accumulated depreciation of $47,000. The truck is sold for $8,500. The journal entry fo record this transaction is to O A. debit Cash for $6,500, debit Truck for $62,000 credit Accumulated Depreciation - Truck for $47000, and credit Gain on Disposal for $8,500 O B. debit Accumulated Depreciation - Truck for $47.000, and credit Truck for $47,000 OC. debit Cash for $8,500, debit Accumulated Depreciation - Truck for $47.000, debit loss on Disposal for $6,500, and credit Truck for $62,000 OD. debit Cash for $8,500, debit Truck for $62,000 credit Accumulated Depreciation - Truck for $47.000 and credit Gain on Disposal for $23,500