On April 2, 2014, Joslin Inc traded with a dealer an old delivery truck for a newer model. Data relative to the old truck and new truck follow: Old truck: Original cost $ 40,000 Accumulated depreciation $ 25,000 New truck: List price $ 50,000 Cash price without trade-in $ 47,000 Cash price with trade-in $ 33,000 Give the entry to record this dealer to non-dealer exchange. Show your calculation proof for the gain or loss for full credit.