On april 1st of the current year, a company disposed of a truck that had cost $20,000. The truck had a salvage value of $2,000 and a useful life of 5 years. The accounting records showed accumulated depreciation for this truck of $8,100 as of April 1st of the current year. The asset was discarded after an accident, and $10,500 cash was recieved from an insurance claim.

a) Prepare the journal entry to record the partial depreciation expense

b) Prepare the journal entry to record the disposal of the truck