ACCT 621: ACCOUNTING FOR MANAGERS BON-FALL-28: Oct. 12, 2021 - Dec. 19, 2021 Home / Courses / ACCT 621 (BON-FALL-28). / Week 6: Job Order Costing / Retake Quiz 2 Question 4 Not yet answered ABC Company purchased a truck on January 1, 2021, for $100,000 that has an estimated useful lifetime of ten years and $5,000 salvage value after ten years. On July 1, 2022, ABC Company sold its truck for $86,000. What is the amount of the gain or loss on sale of truck assuming that ABC depreciated the truck up to July 1st using the straight-line method? Marked out of 15.00 Flag question Select one: a. loss of $350 b. gain of $3,250 C. gain of $250 O d. loss of 565 Activate Windows Go to Settings to activate Windows. DE X 78F O 6:08 PM 11/19/2021