Moore Furniture Inc. sells retail furniture to the public. Moore recently sold three pieces of property. Use the spreadsheet below to calculate the gain or loss on each of the following dispositions of property, plant, and equipment assets. Place your answer in the space provided. A loss should be indicated by a negative number (enter with a leading minus (-) sign).

Furniture sold:
Original cost of the furniture	13,000
Accumulated depreciation on the furniture	11,500
Fair Market value of replacement furniture	18,000
Sales price of the furniture sold	1,800
Gain or loss recognized	?
Pickup truck exchanged for a new pickup truck:
Carrying value of old truck	18,000
Fair value of old truck	19,000
Fair value of new truck	25,000
Cash paid to dealer	6,000
gain or loss recognized	?
Equipment destoryed by fire;
Original cost of equipment	17,500
Accumulated depreciation	3,500
Insurance proceeds	15,000
Cost to replace equipment	23,000
Gain or loss recognized	?