Equipment costing $281000 was destroyed when it caught on fire. At the date of the fire, the accumulated depreciation on the equipment was $119000. An insurance check for $315000 was received based on the replacement cost of the equipment. The entry to record the insurance proceeds and the disposition of the equipment will include a gain on disposal of $153000, O credit to the Equipment account of $162000. O credit to the Accumulated Depreciation account for $119000 gain on disposal of $34000