Old truck sold, original cost was $25,000, and accumulated depreciation on Dec. 31, 2015 was $10,000. Annual depreciation is $5,000, Sale price is $9,000. The auction that sold the truck charged a 5% commission. A check for $8,550 was received and deposited. Hint: compute and record full year of depreciation on truck before you record the sale.No sales tax is collected on this sale. The buyer pays it directly to the state when registering the vehicle. The sale is recorded net of the fee charged by the auction service.