Macho Taco sold a food truck on March 1, 2017. The accounts showed adjusted balances on February 28, 2017, as follows:

Food Truck	$	61,000
Accumulated Depreciation, Food Truck		37,050

Required:
Record the sale of the food truck assuming the cash proceeds were: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a.

$

23,950

b.

$

31,100

c.

$

21,100

d.

$

0 (the food truck was scrapped).

• 1 Record the sale of the van for $23,950.

• 2 Record the sale of the van for $31,100.

• 3 Record the sale of the van for $21,100.

• 4 Record the sale of the van for $0; it was scrapped.