Help Save & Exh ABO purchased a truck at the beginning of 2021 for $140,000. They sold the truck at the end of 2022 for $95.000. If the expected useful life of the truck was six years with a residual value of $20,000 and ABO uses straight-line depreciation, which of the following is true regarding the entry to record the sale of the truck? Multiple Choice o Credit Gain $5,000 Debit Loss $5,000. Credit Accumulated Depreciation $40,000 O Credit Equipment $100.000, Prev 19 of 28 !!! Next >